# The Original Poster w/ Patrick Wyman | American Prestige ## Notes - [[the great divergence]], when the backwater of Europe overtook the Muslim world - the thing that changed the power relation between monarchs and financiers was public debt and interest bearing debt, which was pioneered in Spain - Spain could pay for this because of their new world conquests - Luther became popular because he found he was very suited for the medium of printing, which was good news for printing companies ## Refs - https://americanprestige.libsyn.com/e21-the-original-poster-w-patrick-wyman