I especially love the idea of a powerful Spain, because such an idea does not last very long in the grand scheme of things. Indeed, as we shall soon see, once the 30 Years War changes the balance of power in a big way, Spain becomes perhaps the largest non-entity in the world, culminating in its domestic and international collapse in 1702, which we know as the War of the Spanish Succession.
It is a fall from power which Philip no doubt did not see coming, as he plotted his invasion of England in the late 1580's. Indeed, upon his succession to the throne in 1555, the Habsburgs, of which Philip was a member, could count among his dominions the majority of Europe, not to mention the majority of the known world.
Check me out as I cover the Armada and more in WDF 24: The Anglo-Spanish War 1585-1604, coming soon! Thankssssss.