Owen Lowe responds:

The author stated that G.Britain was 6 months or
so away from total and absolute bankruptcy during the summer of 1940.
The British involvement in Western Europe as well as defending itself
during the Battle of Britain cost the country extreme amounts of money.
In his opinion that was the turning point of the British Empire losing
its dominance as a world power and its need to lighten the load of all
its colonies. They spent so much during such a short period of time and
just couldn't afford to maintain the far reaches.

Sounds like deja vu backwards, doesn't it?

Charlie Self

"Don't hit at all if it is honorably possible to avoid hitting; but never hit
soft."
Theodore Roosevelt