bankruptcy - philip


	bankruptcy - philip

outlive

7-10-2008 1:46 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/22b8d231-42ba-4d87-9d22-eabafc6feacc/D7149781-E7E9-484A-B60C-0766795E35EE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.historylearningsite.co.uk/1588.htm" href="http://www.historylearningsite.co.uk/1588.htm" style="font-size: 11px;">www.historylearningsite.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.historylearningsite.co.uk/1588.htm"><P>Bankruptcy meant an end to Philip’s overseas ventures. The Armada fiasco
had a huge impact on Spain’s morale. It had been seen as a God<B><FONT face="Arial" size="3">
-</FONT></B><FONT face="Arial">blessed crusade against</FONT><FONT face="Arial" size="3">
</FONT><FONT face="Arial">heresy and it had failed.</FONT><B><FONT face="Arial" size="3">
</FONT><FONT face="Arial">"The psychological consequences of this disaster
were shattering to Spain." (Bowles) </FONT></B><FONT face="Arial">1588 is
seen as a watershed for Spain. 1500 to 1588 are seen as Spain’s glory years
(though this could be challenged) but after 1588, Spain was clearly in decline
and this was a speedy decline made worse by Philip’s <A href="http://www.historylearningsite.co.uk/phil2.htm"> financial policies</A> before
1588. </FONT></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D7149781-E7E9-484A-B60C-0766795E35EE/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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