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Strategically the UK supported the European resistance movements, provided a useful airstrip for mainland bomber attacks, and also controlled access to the Atlantic. The Nazis managed to battle their way through some of the time, but with Britain defeated, Germany would have had unlimited naval options, supported by unlimited air power for Barbarossa.
There was nothing goofy about the UK's role. With the UK defeated, Hitler would have had far more resources with which to push eastwards.
2. Montgomery is an open question - for every book claiming he's delusional there's another claiming he was a genius. And the Nazis didn't need to beat the USSR. All they needed to do was beat the Russians back from the prime industrial and agricultural resources in the West.
There's a good case to be made for Hitler personally losing on the Eastern Front because he was about as comptetent a general as Dubya is. But without the UK as a distraction, the Luftwaffe could have been moved East, making it possible to push for a grab for Russian factories and oil as well as, rather than instead of, Stalingrad. With much of the industrial base gone, Stalin would have had a much tougher time offering credible opposition.
It's likely the two sides would have fought themselves to a standstill in a war of attrition eventually, but it would have been further East, with a much more uncertain outcome.
Also, don't forget Germany had a huge lead in technology - computing, rocketry jet propulsion were all ahead of anything the allies had. As I said, without the UK the Manhattan Project would either never have happened or happened much more slowly, so there's a not-quite-zero possibility of the Nazis developing the Bomb before anyone else.
Germany with the Bomb would have been invincible.
3. See previous link.
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