On Mon, 14 Sep 2015 14:33:17 +0200
Robin9 wrote:
The
inescapable truth is that British industry could contend with strikes,
three day
weeks and stop/go economic strategies but could not survive the credit
squeeze, high interest rates and high value of the pound that Thatcher
and her dim-witted, uncomprehending Chancellor, Geoffrey Howe brought
in.

Wow, thats a nice looking glass view of history.

ITYM that british industry could cotend with the high interest rates and high
value of the pound but could not survive the strikes and a 3 day week. The
pound has been high many times over the intervening decades since - much
higher in fact - but without major british companies going to the wall because
of it. Now I wonder why that is...

--
Spud