The Suez Crisis very publicly exposed Britain's limitations to the world and confirmed Britain's decline on the world stage, demonstrating that henceforth it could no longer act without at least the acquiescence, if not the full support, of the United States. The events at Suez wounded British national pride, leading one MP to describe it as "Britain's Waterloo" and another to suggest that the country had become an "American satellite". Margaret Thatcher later described the mindset she believed had befallen the British political establishment as "Suez syndrome", from which Britain did not recover until the successful recapture of the Falkland Islands from Argentina in 1982.

Where did 'Britain's Waterloo' occur?