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English support of the Dutch rebels and their persistent attacks on Spanish shipping led King Philip attempt to invade England.
Incoming gold from Americas decreased in quantity since then.
King Philip did not feel the need to help stimulate SpainÃÂs economy by investing in it.
Instead he relied completely on having gold brought in from the Americas.
From this gold, he had bought everything he needed from other European countries, the ones which actually produced their own products to sell to Spain.
Those Pequots that were left were sold into slavery and sent to the English colony of Bermuda” (Griffin, PP11, 9/3/15).
In King Phillip’s war, “the massacre is started by the Indians....
The second half of Philip's reign was dominated by the revolt of the Netherlands.
Although the Dutch were eventually suppressed by King Philip, victory was obtained with much expense to SpainÃÂs wealth.
In 1588, the Spanish armada was defeated by the quicker English Navy. This set of images was gathered by User: Dcoetzee from the National Portrait Gallery, London website using a special tool.
The loss of a large part of the Armada was devastating for Spain. All images in this batch have an unknown by Wikipedia.