How did Portugal, which had one of the largest gold reserves,

>>2389118
>Communism
Equal
>Corruption

>>2389118
>poor communist shithole
there's your answer

>Hit the slavery trade hard and fast. Japs, africans, chinese, islands.
>Already mixed moor blood says why not mix with slaves?
>????
>Empire over.

>>2389386


>>>/pol/

>>2389118
Gold reserves are dead money, neither liquid nor returning money like an investment.

If you're a goldbug, any rational arguments about portugal's stagnation and decline will likely fall on deaf ears.

>have a ton of money
>spend it all on fighting was in colonies instead of building your country's industry and economy
>wtf we're broke?!?

see also: Venezuela, except instead of "fighting wars" the chavistas stole anything they didn't spend on social programs to keep people supporting them

>>2389118
>Portugal
>communist
?????????

Socialism.

Mediterranean/Latin countries have never been able to into Socialism, still they keep trying to copy the Nordic model.

The results are countries like Spain/Portugal/Venezuela/Argentina etc etc

It's not in their nature.

Successful socialism demands high levels of autism and social cohesion found only in the Nords.(perhaps also the Nips, although right-wing policies would have been better even in countries such as the Nordics)

>>2389118
>How did Portugal, which had one of the largest gold reserves, became a poor communist shithole?
The USA and internationalist purposefully weakening European nations.

>>2391493
Portugal only really developed it's citizenry past the Salazar regimes years. Also turns out that investing money in your colonies and neglecting the FUCKING MOTHERLAND causes huge emigration to those colonies.

File: António Costa é Branco.jpg (326KB, 690x1010px) Image search: [Google]

326KB, 690x1010px

>>2389118
socialism and corruption

>shitty colonial administration
>unified with Spain and drained dry
>thought gold and shit would last forever and didn't bother industrializing
>ends up being absolutely raped by Napoleon
>irrecoverably behind in the industrial age