The rise of a great power: starting with military industry

In fact, it is not only South Asia that is shrouded in the shadow of war, but South America is also shrouded in the shadow of war.

The war of words between Argentina and the United Kingdom over the Falkland Islands, which had been somewhat subsided, suddenly heated up again after the US subprime mortgage crisis.

Located in South America, Argentina was soon affected by the US subprime mortgage crisis.

There are many American companies investing in and building Argentina, and there are also many wealthy Argentines who keep their assets in the United States and invest in the United States.

After the US subprime mortgage crisis broke out, these US companies often chose to withdraw funds from Argentina in order to survive. These wealthy people also often withdrew funds from Argentina in order to reduce losses.

They may even sell off their assets.

This has caused Argentina's foreign exchange loss to be terrible.

If Argentina had not made a lot of money from trade with China in recent years, its foreign exchange reserves would probably have been exhausted.

But according to the current situation, I am afraid that in a few months, Argentina's foreign exchange reserves will be exhausted.

This forced Argentina to sell part of its gold to increase its foreign exchange reserves and avoid debt default.

However, the decline in prices of commodities such as oil, natural gas, and minerals will inevitably lead to a slowdown in Argentina's economy.

You know, before this, Argentina’s GDP grew by more than 35%!

But now, due to the impact of the US subprime mortgage crisis, I am afraid that the GDP growth rate will be cut in half.

Under such circumstances, Argentina intends to take back the Falkland Islands in order to divert conflicts and boost the morale and cohesion of the Argentines.

As for the United Kingdom, there is unrest in Northern Ireland, so it will naturally not sit idly by and watch Argentina take the Falkland Islands.

Northern Ireland has been wanting to become independent and leave the UK every now and then, and now it is actually holding a referendum on the issue of Northern Ireland's separation from the UK.

When talking about Northern Ireland's independence, we have to talk about Ireland's national grief.

Before the 11th century, the Celts on the entire island of Ireland had their own development and integration process. After the Norman invasion, this process was disrupted by the colonial invasion of the English.

In the 16th century, King Henry VIII of England officially declared the Church of England. This move separated the mostly Catholic Irish from the British mainland. The status of the British in Ireland changed from an active participant in national integration to an opposing class that practiced national discrimination, religious oppression and economic exploitation.

In the 17th century, a large number of English and Scottish Protestants moved to the Ulster region in northeastern Ireland with the support and encouragement of the British government. During the British bourgeois revolution, after suppressing the Irish national uprising, Cromwell promulgated the "Emigration Act", expelling a large number of Irish people to the desolate and barren Connaught County and the swampy Coral. Since then, British Protestant immigrants have gradually gained an advantage in the northern region.

On December 1921, 12, the British government was forced to sign the Anglo-Irish Treaty with the Irish Sinn Fein Party, which launched an armed revolution, allowing the 6 counties in southern Ireland to establish the "Irish Free State". In 26, Britain recognized Ireland's independence, but the six northern counties dominated by Protestant forces remained in the UK and became Northern Ireland under the rule of the Queen of England.

Although Northern Ireland continued to remain within the British territory after World War II, the region's political choices were clearly maintained by relying on the numerical advantage of Protestants in the country who "voted with their feet", which inevitably brought about strong dissatisfaction among the weaker local Irish ethnic group.

After the late 20s, influenced by the American civil rights movement, Irish Catholics launched a massive civil rights movement, and the Catholic paramilitary organization "Irish Republican Army" became a pioneer of independence at the religious and military levels. Externally, the Republic of Ireland also claimed sovereignty over Northern Ireland, giving the Catholic separatist forces in Northern Ireland a strong backing, which forced Britain to negotiate with Ireland on the issue of the region.

On April 1998, 4, the conflicting parties in Northern Ireland finally reached the historic Belfast Agreement. This agreement greatly enhanced the legislative power of the Irish local government and facilitated economic and cultural exchanges between Northern Ireland and Ireland. However, the agreement actually increased the independence of Northern Ireland and strengthened the links within the island of Ireland, which will undoubtedly increase the centrifugal force in Northern Ireland.

Today, Northern Ireland has great independent legislative power and has all-round exchanges and cooperation with the Republic of Ireland.

It has to be said that Britain's transformation from the empire on which the sun never sets to the current 'Little Britain' has vividly demonstrated the horror of the collapse and decline of its hegemony.

In addition, the UK is increasingly marginalized by the Franco-German alliance in the EU, and its weight in Europe and the United States is constantly decreasing.

The current European Union is dominated by the Franco-German alliance, with a large number of European countries united around France and Germany.

Although the United States divided Europe into Old Europe and New Europe, and then divided Old Europe into pro-American Old Europe and anti-American Old Europe, as Britain and the United States were forced to withdraw their troops in Germany, their influence in Germany was greatly weakened, and the strength of the Franco-German alliance increased significantly, the United States' influence and power in Europe was still weakened.

Britain is naturally unwilling to be increasingly isolated and marginalized by the Franco-German alliance. After all, Britain does not want to become a third-rate country.

Once Argentina takes back the Falkland Islands, it will undoubtedly be like a loud slap in the face for the UK, and its prestige will be greatly reduced. By then, I am afraid that the UK will no longer be able to suppress the issue of Northern Ireland and can only watch Northern Ireland become independent and merge into Ireland.

This is unacceptable to Britain.

Therefore, Britain is very tough on the Falkland Islands issue.

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Even now, when Britain is affected by the US subprime mortgage crisis and its own economy has been greatly affected, Britain has stated that it will fight for the Falkland Islands.

The British even asked the Americans for help.

But now Americans also seem to be overwhelmed. They are still maintaining two wars, the Afghanistan War and the Iraq War. Now the subprime mortgage crisis has broken out, forcing the US Treasury Department to promise to open up channels for communication and improve the regulatory structure.

In order to appease the Jewish financial group, George Wharton had to choose to make concessions on some issues so that the Jewish financial group would not make trouble at this time and even provide money to help solve the subprime mortgage crisis.

At this time, Americans were very reluctant to see the outbreak of the Second Falklands War, as that was not in the interests of the United States.

However, Britain is America's most important ally. The US-UK alliance is America's most important alliance. Britain is also America's closest and most important ally, far more important than the US-Japan alliance and the US-South Korea alliance.

Even if the United States loses all its military bases and influence on the European continent, it can still exert influence on Europe by relying on Britain.

Europe is America’s core interest and its most important interest overseas.

This interest far exceeds the interests of the United States in Japan and South Korea.

The United States has always portrayed itself as the leader of the European and American world!
So if it is really forced to choose between the two, the United States will never choose Argentina, but only Britain. (End of this chapter)