Thread 216543397

The first English company, the Levant Company, was created by the English crown with silver looted from Spanish galleons by Francis Drake, primarily the Cacafuegos -This silver was looted from the Potosi mines in Bolivia. Capitalism began with plunder financed by European states.

Europe is land of thiefs.
Before they found the wonders of thievery they were backwater bumfuck shitholes, Specially northern euros whom the entire mystic of, to this day, is once going around stealing shit around europe. they would go on to do the same all over the world after.

if you see ever an euro waking around your country, rest assured it is for no good reason. hes there to take advantage of cambial differences, fuck your women (or children, since they are a bunch of pedos), patent indigenous knowledge, take credit for "discovering" stuff every single local knows about, steal relics/invaluable itens, bribing officials so that they can steal more shit, trying to distabilize your country or lobbying your county so they can keep doing all of it while sanctioned by law, etc...

Fuck them, hope these leaches disappear soon

>>216543397 (OP)
>The Levant company
>Has nothing to do with Levantine area
???

>>216544160
if non europeans are superior why couldnt them fend off a few thieves

>>216543397 (OP)
The claim that the Levant Company was created with silver looted from Spanish galleons, primarily the Nuestra Señora de la Concepción (nicknamed the Cacafuego), by Francis Drake is largely accurate according to some historical economic analyses.
Here are the key details:
The Treasure: In March 1579, Francis Drake, during his circumnavigation aboard the Golden Hind, captured the Spanish galleon Nuestra Señora de la Concepción, which was indeed nicknamed the Cacafuego (or Cagafuego). The haul was enormous, including over 26 tons of silver, half a ton of gold, and various jewels, valued at an astronomical sum for the time.
The Funding Connection: The treasure provided a massive return on investment (reportedly around 4600-5000 percent) to the voyage's secret investors, who included Queen Elizabeth I and high-ranking officials like Sir Francis Walsingham.
Economic Impact: According to the renowned economist J. M. Keynes, the Queen's share of the treasure was substantial enough to pay off England's foreign debt and leave a significant surplus (around £42,000) which she used to capitalize a new venture, the Levant Company.
Company Formation: The Levant Company was formally established by royal charter from Elizabeth I in 1581 (later re-chartered in 1592 as a merger of the Venice and Turkey Companies). It was a chartered company granting merchants a monopoly on trade with the Ottoman Empire.
Thus, the treasure captured by Drake from the Cacafuego was a significant source of capital that the Queen used, in part, to help fund the establishment and early operations of the Levant Company.

>>216545734
Thanks, ChatGPT, very cool

>>216543397 (OP)
Pirates