It took a decade for a 17th-century financial crisis to travel from Spain to China.
— Byzantine Emporia (@byzantinemporia) February 10, 2024
The Spanish Crown suffered a pair of fiscal disasters in 1627-28 which eventually forced it to cut silver exports to the Far East, hammering a Ming China already teetering on the precipice. pic.twitter.com/tRSIK7nndA
Saturday, March 23, 2024
History
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