Comments by "Emanon" (@Emanon...) on "Another 11 Historical Misconceptions." video.
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"Gold from the Spanish Empire ended in Spain and Italy and their economies stalled, whilst England and The Netherlands went through massive development"
Exactly. The vast wealth was used to buy goods from France and Northern Europe which spurred the development of industry, innovation and banking in those regions. Incidentally, the largest and wealthiest empires of the time were England, France and the Netherlands...
It's very hard to explain these points in a couple of minutes, and kudos for trying, but you're making exceptions when it's convenient and cherrypicking facts to support your statements.
"Exploitation" is not only measured in state finances, but the detrimental social and economic impact it had on the affected regions and the political instability instituted indirectly after decolonization.
South Africa, Zimbabwe, India/Pakistan, Congo, Nigeria, Haiti, Central America etc.
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