A $3 trillion heist by a European powerhouse in the Philippines; Philippines would have been a very prosperous country were it not for this?

It is more fun criticizing

It was alleged in this video that a European powerhouse, a top 20 nation in total GDP had $3 trillion heist on the Philippines about 70,000 tons of gold.  This was based on records dug by a Philippine historian, Ambeth Ocampo.  Like the rest of its conquest Spain found out that Philippines had plenty of gold mines the most famous of which were in Surigao, Benguet, Camarines (the Paracale) and numbering about 200 +.  Spain had forced mining activity that brought the gold to Spain using the galleon trade from Manila to Acapulco, and from thereon to Spain.  (There is another video that the mountains of gold did more harm than good to Spain.  This caused inflation and encouraged lack of productivity among its citizens

Manila was rightfully known as "Queen of the Orient"

There are hints that Spain should repay, render reparation to the Philippines.   $3 trillion isi about  PHP 180 trillion and would do much erase the Php 17 trillion current debt.

Had there be no such heist, the Philippine infrastructure, health care and education would have been one of the best in the world, and truly Philippines would be the Pearl of the Orient Seas.

Would this post make many Filipinos furious?   Before it was foreigners committing heist, now its compatriots.   

Heist through legalities (allocables, flood control projects, budget insertions) by the rulling class?

Rise and fall of empires; Karma on large scale

It is more fun criticizing

I was watching a movie about an Asian sniper who took revenge on another Asian country soldiers because he witnessed the latter executing his father.    Now we know that this Asian imperialist is experiencing various difficulties:   weak currency, failures among its mega businesses world wide, high debt and more.  Could it be Karma.

Moving on we go back to history about countries or Empires that wrought havoc on other countries causing death destruction and misery among conquered countries:    Macedonia led by Alexander the Great, Genghis Khan,  Spain, Portugal.  And lately UK.    And maybe who knows:  USA.         

Flash flood in Spain, scores killed; mirroring PHL former colony experience

It is more fun criticizing Valencia was worst hit

Violent protests in Spain vs austerity measures.

Social and political criticisms

From USA today, anti austerity protests in Spain

Violent protests rock Spain due to severe austerity measures being imposed  in view of the severe economic crisis.

The perception is that the austerity measures are being undertaken to save the banks.

On the other hand, in US the prescription is not austerity, but a flood of liquidity?

Which measure do you prefer?