Margaret Thatcher underestimated the desperation of the Junta's situation and the Argentinian economy and was caught unprepared for war. This time its not a Junta and its nowhere near so desperate an economy ... but its not just saber rattling.
This time the Argentinians know what they did wrong and they know the odds are with them. The distance to the UK did not get any shorter in the interim. The UK is again wrapped up in its own problems.
Those barren windswept islands won't be invaded tomorrow, but Argentina is doing more than just rattling sabers from time to time. Its going to be an economic and public relations campaign over the islands, but it will come to a second Argentinian invasion eventually.
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