- Jul 5, 2012
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Perhaps India might be willing to step in and civilise the place for a few centuries.When Elizabeth II came to the throne, Britain was battered by war, but had won the war, and was still the head of an empire covering about a quarter of the world's land and people. Decolonisation had only just begun.
By the end of the Queen's reign, Britain has deteriorated into looking a lot like a failed state. The financial markets ran the other way when its government announced unfunded fiscal restructure. The U-turn and Truss' humiliating exit from office will not completely undo the damage. Britons will face higher interest rates for years to come. The shortest-ever stint as prime minister will leave a long-lasting scar on a declining world power.