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It was one of the larger economies; as it will now be an isolated island with no automatic access to the European market, it's value will be lost to a lot of businesses.

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Well yes, and no. It now depends all on how the trade deals are negotiated.

What I'm arguing is that the UK has plenty of bargaining chips, and can trade elsewhere if it doesn't feel like it's getting a fair deal in the EU.

Trade with whom? There aren't that many regions the world with a similar per capita income like the EU. The UK already trades extensively with the US and Canada, so that's an unlikely growth engine. Granted, the UK is a large economy, and may have some bargaining chips, but it needs the EU more than vice versa.

I don't think so, nor do the UK people. Good trade deals can be achieved regardless of EU membership, unless UK is can be substituted, which, I don't think, it can.

Except previously it was negotiating with a number of smaller entities.

Now it will be negotiating with a block of them. The UK just willingly decreased their leverage so they had free will.

Thank you, from all of America. You managed to be completely embarrasing in your 2016 election cycle, before we are really able to be shockingly shameful in front of you.

Brits are polite to the end.

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