It is the excessive use of credit. The shares trading system crash of 1929 touched off a chain of occasions that dove the United States into its longest, most profound monetary emergency in its history. It is awfully shortsighted to see money markets crash as the single reason for the Great Depression. A solid economy can recuperate from such a compression.
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He portrays them as naïve, innocent children. It apparently took them a while to figure out that the Spanish were not on a “Mission from Heaven.” The Indians are essentially defenseless against the Spanish, and when they do take up arms, their weapons resemble those of boys.
The Fourth Crusade (1202–1204) was a Latin Christian armed expedition called by Pope Innocent III. The stated intent of the expedition was to recapture the Muslim-controlled city of Jerusalem, by first conquering the powerful Egyptian Ayyubid Sultanate, the strongest Muslim state of the time.
It means to not only think of your own interest but also to the interest of others.