I've also begun a new game as the Spanish, which is even more difficult than the British. All neighbours declared war immediately. UP took Flanders, Italian States took southern Italy, Genoa is raiding in Milan, Cherokee took California, Portugal raided towns and farms in Madrid, Louisiana declared war, France broke alliance, income is 2,000 a turn, navy is practically non-existant, army consists of 3 units of line infantry and a general, king is mad, ministers are crap, and 3 of 4 trade routes are being raided.

There's 1 option open to me... Go on the offensive with what i have (3 units of line infantry and a general) or sit and go bankrupt and eventually be conquered by Portugal, who can afford a full stack navy and army.