So it WAS all Thatcher's fault! /fumes

[Desaparecido]

See on BBC2 now 'How the west went bust'

finance 'industry' allowed to run amok and trusted like manufacturing was to produce wealth


then failed the nation

Thatcher & Reagan OUT!

NB may not entirely be serious

 

[roydo]

Didnt see it TBH, but it is very easy to create a conclusion, then build an argument to support it. On that basis, it is just as fair to say that Callaghan caused it, by making such a cock of the economy that Thatcher was actually elected. It is easy and lazy to point to individuals as who to "blame", the fact is that the globalisation of the world economies over the last 15 years has created an interdependence that means we all share the pain of a political/economic failure in any major region. 20 odd years ago, Japan entered its "lost decade". Didnt impact on us too much.

Last year, after their earthquake and tidal wave, factories in the UK stopped making Jap cars because the parts were not being sent over. Honda in Swindon went on a 1 day week. Thats the issue, not what a politician did or didnt do nearly 30 years ago.

 

[Desaparecido]

Didnt see it TBH, but it is very easy to create a conclusion, then build an argument to support it. On that basis, it is just as fair to say that Callaghan caused it, by making such a cock of the economy that Thatcher was actually elected. It is easy and lazy to point to individuals as who to "blame", the fact is that the globalisation of the world economies over the last 15 years has created an interdependence that means we all share the pain of a political/economic failure in any major region. 20 odd years ago, Japan entered its "lost decade". Didnt impact on us too much.

Last year, after their earthquake and tidal wave, factories in the UK stopped making Jap cars because the parts were not being sent over. Honda in Swindon went on a 1 day week. Thats the issue, not what a politician did or didnt do nearly 30 years ago.

Don't waste your wit on an idiot mate

 

[roydo]

Not with you pal.

 

[Chang Elephant]

Thatcher, Milton Friedman, Sir keith Joseph, and some right wing get from Liverpool University I can't remember.

All believed if we signed away all control to market forces, the market would self regulate and correct. Absolute ****ing dunces.

Now all that's left for "the poor" is eating, getting fat and watching Osman attempt to play football.

 

[Jamo Martinez]

Thatcher, Milton Friedman, Sir keith Joseph, and some right wing get from Liverpool University I can't remember.

All believed if we signed away all control to market forces, the market would self regulate and correct. Absolute ****ing dunces.

Now all that's left for "the poor" is eating, getting fat and watching Osman attempt to play football.

This is possibly the most sense anyone has ever made on here.

 

[Bruce Wayne]

Thatcher, Milton Friedman, Sir keith Joseph, and some right wing get from Liverpool University I can't remember.

All believed if we signed away all control to market forces, the market would self regulate and correct. Absolute ****ing dunces.

Now all that's left for "the poor" is eating, getting fat and watching Osman attempt to play football.

We musn't confuse 'self regulate' with 'companies never failing'. A crucial part of any market is the ability for companies to fail. Really not sure you can blame Thatcher for what has happened now. I mean Brown/Blair had much more ability to regulate the industry, and indeed it was Brown that gave the BofE such freedom and that created the FSA. I would think the buck would stop much more at them than it would Thatcher.

 

[Desaparecido]

YES! Landed the big fish

 

[bluejock]

SHE ALSO GOT SPEARING LAR SENT OFF AN TURNED EVERYBODY AGAINST LUIS SWAAAAAAAAAAAAAAAAAAAAAAREZ EVEN THOUGH HE'S A BOSS KIDDA AN NEVER DID ANYTHING TO HURT ANYONE OR CHEAT BUT SHE MADE THEM ALL HATE HIM KING SAID SO YANW

 

[Bruce Wayne]

YES! Landed the big fish

*mumbles under breath*