Falklands: Argentina mauls the UK task force...

[Thundertaker]

Apparently, the loss of any one of the British carriers would have forced the British into a humilating retreat from re-taking the Falklands by force. What would have happened then? According to recently released audio tapes, Ronald Reagan feared that the British would nuke Buenos Aires if they lost. Would this have been a feasible response to the loss of the task force, and if not, what would the alternative have been?