I would agree with Slaists. After reading the change list and noticing the large cut in income the patch caused to my (then current) GB campaign, I started a new UP campaign (as opposed to a central european state's) -precisely because i thought the earnings from trade would be less affected by the changes and hence even more important.
As far as I am concerned, the economic changes of patch 3 have only accentuated the already apparent trend that tax revenue doesn't fund much untill you industrialise (or have rich farms). Historically, the 1700's were all about colonial land grabbing for new/more resources, on which trading empires where built. Only in the 1800's did industry really kick off and states acquire wealth from anything other than farming or trade in commodities.
So, in ETW i'm happy that you shouldn't be able to be rich in a land-locked central european state with no overseas colonies untill you research the techs and can industrialise.
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