Felipe IV

The ascent to the throne of Philip IV (1621) means the assumption of duties by a new government won the Count-Duke of Olivares. Member of a MBA minor branch of a major lineage of nobility, is also responsible for increasing their incomes and personal possessions, but less so than its predecessors. In fact, if Olivares had political ambitions and statesmanship in the Great Memorial presented to the young Philip in 1624, traced Asset Management the lines of your program. His goal was to make the monarchy effectively unified all the economic, human and military of their various kingdoms (Union de Armas, 1626), for use in renewing its glory, which meant basically spend on the wars in which it was board: the Netherlands and England by the colonial and various European states’ the France of funds Richelieu and Louis XIII in the shadows’ by the Habsburg supremacy on the continent. Orientacion supposed disrupt this complex which was the political heart of the monarchy was founded by the Catholic Kings, which originated from the confederation of kingdoms investment management which retained their individual characteristics, economic and administrative. And that was something that his subjects were not willing to tolerate, especially in the crown of Aragon and Castile in funds the rebellion had been crushed by Carlos I.
The decade of 1640 investments was disastrous for the government of Olivares, and threatens to collapse the unity of the whole Spanish monarchy. The Portuguese established the dynasty of Braganza, naming UCSD King John IV, tired of suffering in their colonies the consequences of conflicts in Europe (1640). There was also an uprising in Catalonia (1640-1652) who was also a point of separating the territory of the Spanish monarchy and incorporated in France, that if achieving trans annexing counties of Roussillon and Cerdanya. Also, conspiracies and uprisings broke out in secessionist Andalucia (1641), Sicily (1646-1652) and Naples (1647-1648). Meanwhile, on stage belize Europe, the Battle of N rdlingen (1634) represents the last great victory of the Spanish army. From that moment, the fate became adverse to the Habsburg coalition in the war of thirty years, compounded by the official entry of France into the conflict in 1635, accumulating losses of the exhausted and badly paid Spanish troops. The year 1643, with the defeat to the French in Rocroi and fallen out of Olivares, under the turning point, from which all Iria from bad to worse, the economy again accused the war effort, complicated with the bad crops, the continuing devaluation of the currency and the disposition of charges, on the other hand, the demographic problem caused by the death or absence of so many young men are exacerbated. Declared bankruptcy four (1627, 1647.1656 and 1662), while the possession and trade with America suffered harassment by British and Dutch, and France grew at the expense of absorbing Ernst the Spanish possessions on their borders. The Treaty of M nster (1648) and the Pyrenees (1659) ratified the end of Spanish hegemony in Asset Management Europe, passing the baton to the powerful France of Louis XIV.

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