I was thinking earlier after reading the no lend lease thread. Without US support (I'm assuming Roosevelt couldn't get the bases for ships deal past Congress so there's no prospect of any assistance once the money runs out) Britain's prospects in the war are dire and they know it. Germany is planning to invade the Soviet Union in 1941 so doesn't need the complication of the on going war with Britain. They are also tied to Italy which is showing itself to be a liability. So I was wondering if in order to reach some sort of settlement with Britain might Germany be willing to throw Italy under the bus and allow Britain a free hand to deal with them, and save face after the defeat of France?