However, the profits dropped since the first profit. The Dutch monopoly positions had to be defended. And that was expenisve that eventually we lost it also to Spain-Portugal
Buying voc shares back then was about as much profitbale as investing in the State Debt.
exacto they made much more money with the V.O.C.
However, the profits dropped since the first profit. The Dutch monopoly positions had to be defended. And that was expenisve that eventually we lost it also to Spain-Portugal
Buying voc shares back then was about as much profitbale as investing in the State Debt.
Spain and Portugal were looting gold in South America by the ton, so that probably enabled them to buy bigger armies and fleets to defeat us.