[D]uring the [Falklands] war her leadership had been superb... Mrs Thatcher started off as terribly vulnerable. At home her political position was weak. A bad reverse in the early days and her leadership might have had to be terminated. An actual naval defeat down in the Southern Atlantic would have toppled her and possibly even the whole government. She knew she was playing for enormous stakes. But once she faced them, she behaved outstandingly well. Some potential Prime Ministers might have accepted the invasion, decided not to throw the Argentines out, and worked out some compromise. I have never doubted that such a course would have been absolutely devastating for this country. Mrs Thatcher recognised that from the start, instinctively, and deserves credit for it.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "[D]uring the [Falklands] war her leadership had been superb... Mrs Thatcher started off as terribly vulnerable. At home her political position was weak. A bad reverse in the early days and her leadership might have had to be terminated. An actual naval defeat down in the Southern Atlantic would have toppled her and possibly even the whole government. She knew she was playing for enormous stakes. But once she faced them, she behaved outstandingly well. Some potential Prime Ministers might have accepted the invasion, decided not to throw the Argentines out, and worked out some compromise. I have never doubted that such a course would have been absolutely devastating for this country. Mrs Thatcher recognised that from the start, instinctively, and deserves credit for it." in the context of "David Owen, Personally Speaking to Kenneth Harris (1987), pp. 187, 199" to mean that wisdom is timeless.
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About Margaret Thatcher