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They could and they did. That meant that Spain ended up importing more and exporting less, which would have been bad for Spanish businesses. There’s a lot more
by usefulcat 10mo ago
They could and they did. That meant that Spain ended up importing more and exporting less, which would have been bad for Spanish businesses.
There’s a lot more to “wealth” than just having a bunch of stuff. Especially in the long term, since most “stuff” will wear out or otherwise decay over time.