A country in deep financial chaos. Philip III inherited a massive royal
debt but continued to govern as if money was no object.
2
A
country that had lost its sense of purpose. A country that was
psychologically broken after the 1588 Armada disaster.
3
A
country that was far from being a united entity.
4
A
country that was no longer seen by other European countries as being a
major player in European diplomacy.
5
A
country that was failing to hold on to its empire.
6
A
country that was not considered to be a military power.
7
A
government that
continued to act as if it was a major power but failed to see
reality though this was probably the result of the king
himself rather than others.