Quote:
Originally Posted by heero_yuy
Now you know full well that that is not a valid comparison: The sky high interest rate under Major was due to the almost suicidal attempt to stay in the snake, the predecessor of the Euro, and was only temporary. Unlike the economic failure under Calaghan that had us going begging, cap in hand, to the IMF for a bailout worth £8bn in todays money to prevent the country going bankrupt as no one else would loan us anything as "The sick man of Europe" couldn't pay it's debts.
I'll get my tin foil hat out.  |
Quote:
Originally Posted by Chris
You'd have to ask Edwina Currie.
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Which one of these posts is most appropriate for a reply about hard ecu's, I'm going to say Chris'