Britain is now in a highly dramatic condition— “on the edge of a precipice” has been a favorite metaphor during these past few weeks. Almost everybody agrees about the danger, but there is no agreement—and not even much confident guessing— about how things are likely to turn out.
Across the Channel, Britain’s new partners in the European Economic Community (and that merger isn’t going so well either) watched in astonishment as the incomprehensible British made a catastrophe out of an oil shortage which, for them, was simply an inconvenience.
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