re: #342 wozzablog

I was in Whitehall in 1979 when Thatcher took over. And I had been in the Cabinet Office in 1976 when the International Monetary Fund had to bale out the British economy. The bailiffs.

To this day, few people realise what what a near-terminal mess the UK economy was in. And no idea how ridiculous it was for the state to own half of British industry.