home *** CD-ROM | disk | FTP | other *** search
/ How the World Works - Illustrated Facts / How The World Works Illustrated Xiphias.ISO / mac / Common / v5 / 54seq1.mov (.mp4) < prev    next >
Apple QuickTime movie  |  1993-09-06  |  4.4 MB  |  720x480  |  29.97fps  |  52 seconds  |  [MooV/TVOD]
Transcription: To speak in conclusion only of what has been done during this hurried voyage, their Highnesses will see that I can give them as much gold as they desire, if they will give me a little assistance. Unimaginable riches. The backward court of Spain became an opulent world power virtually overnight, as the wealth of a continent flowed into the old world. Mexican silver was found in coins as far away as China. But nothing comes without a price. Inflation soared in Europe, prices in Spain rose 400% in the next century. The Spanish economy was ruined. In the end, Spain and Portugal fell behind the mer ...