descriptive claim
During this period, Spain failed to develop capital markets and independent banking systems comparable to those emerging in the Netherlands and England.
Unidentified speaker · Si Sheppard – How did a few hundred Spanish soldiers topple two empires? · 1 Oct 2026
In their words
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“It never developed capital markets or independent banking systems the way that were emerging in places like the Netherlands and England during this period.”Play from 1:00:53Report a misattribution
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