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So, starting in, say, 1934, what are the *best* decisions the British could have made (working within then-current political, economic, and technological constraints) with regard to the Second World War (which I think we can fairly confidently predict will happen here, since Hitler and Mussolini are already in power and the Japanese have just grabbed Manchuria) that will lead to the best possible post-war outcome for them, and the best possible war itself?

And what is the best possible post-war outcome for them, in any case? The Empire, aside from the Dominions and the African colonies (perhaps) is probably lost by this point; certainly India isn't going to take "no" for an answer by 1934. Still, it seems that the Dominions, at least, could have been better tied to the motherland, and the post-war austerity could be avoided, no?
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