Definetly the latter,since European armed forces are a possibility,scraping seperate armed forces.United Nations peace keeping is one thing,no army Raf and Navy,,,,an inconcievable step,,,,unless you JohnD or Ellal of course.
Do you not think, given the size of our current armed forces, and the lack of finances, that we are just a branch of the US armed forces, and will be even more so soon?
Are we strong enough, financially viable to have sufficient forces on our own to achieve what may be required?
Almost certainly we need to tie in with others.
I guess the choice is do you want the usa telling us when, where and what to do with them? Basically an outlying us defence system?