How his son Philip deal with the conflict between God and gold in the New World, particularly in Potosi?

Phillip rebelled against Rome's authority by burning a papal bull as a gesture of defiance. he threatened to curse his sons if any valued God over France. Phillip 's conflict to manage his spawning domain, together with the scope of the dept and interest expenses were paced in context by the rivers of treasure that flowed to the treasury from the New World. Phillip slowly retreated from his father's legacy as a results of crushing debt that Charles V bequeathed. Phillip was forced to suspend and renounce the crown's debt, bankrupting the mighty House of Fugger along with lesser bankers.

Explanation:

Phillip was the son of the Holy Roman emperor Charles V and Isabella of Portugal. the emperor wrote secret memoranda to his son Phillip, from time to time, impressing on him the high duties to which God has called him and warning him against trusting any of his advisers too much. As a results Phillip was very rebellious and ...