Insignificant - 4th biggest economy in the world.
Military - After US as a superpower we are second as the world's only global power.
Exports - 10th biggest nation with 2.7% of global trade.
Imports - 5th biggest nation with 3.6% of global trade.
If the EU commission foolishly want a trade war both sides will be losers and I personally think the EU Commission does not want to do a deal on any terms to punish us. This means there is only one smart move and that is to go to the rest of the world on an import substitution mission with regular updates of what is cheaper from whom from March 2019. Member Governments will then be forced to act to protect their market share, GDP growth and employment rates. Member Governments regularly face the ballot box over their policies, the EU commission dictatorship never has and never will and are a law until themselves.

In the short term from March 2019 until 2021 we will have a short sharp recession while we sort out rest of world free trade deals and focus on import substitution for food (primarily hits France and Spain) but our food will become 20-40% cheaper and manufactured goods, especially cars (will hit Germany hardest) and we get a much stronger economy where we reduce or eliminate our balance of payments deficit where we have been screwed over by the EEC / EU from day 1 on this to give us a big deficit with the rest of the EU, compared with currently having a positive trade balance with the rest of the world. Where the EU due to their protectionist trade policies (driven by the French) and anti-business, green tree-hugger socialism and expensive, rare energy policies that make their long-term bleak outlook even worse, where they are losing global market share at twice the rate of the US and they will lose much of their current UK market.

PS: Don't mention the war, half-currency unsolvable, long-term nonviable Euro and Greek, Italian, Spanish, French and German banks, where several of the small ones have been quietly bailed out in 2017. The supernova when it fails is Deutsche Bank, €2tn+ labilities just in the derivatives market and much more in other areas.

The only thing I can find that is more negative than TB, where I've really searched, is minus infinity and then only just.
