This could potentially be an absolutely fantastic addition to the game, however it could also be a certified donkey and ruin it once you reach the requirements.
Personally, as man have said, I would hope that establishing colonies in the new world do take up a hell of alot of resources and seriously forfeit your European efforts, possibly even putting you under a slight threat but certainly slowing down any idea's of expansion. Once you unlock the riches though and you profit greatly from it, I wouldn't mind been able to shoot back onto the scene as long as it seriously handicaps me when setting my colonies up, if it doesn't and I can still breeze my way across Europe whilst establising colonies I will feel extremely cheated and will loath playing in the late era.
It all depends how they work it.
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