It's quite interesting to see the "historic" joint defence deal between the United Kingdom and France. I don't think anything says how broke these key European countries are than when they start to seriously consider joining forces for their jolly adventures around the world. The other point to consider is who exactly do they consider themselves threatened by, enough, at least, to form this highly cooperated synergy between the two armies. Terrorism doesn't need such massive armies, in fact the defeat of ISAF in Afghanistan shows the flaw in the logic of pitting large armies against mobile, highly motivated and lightly armed guerilla movements in favourable terrain. Perhaps they are worried about Russia, or perhaps they are worried about declining prestige. It will be interesting if Argentina again tries to reclaim the Malvinas (Falkland) islands to see the French reaction to such a scenario. The Elysees will have a tough time justifying the death of French soldiers defending a lump of rock in the middle of the ocean that is in Britain's national interest.