Quote:
Originally Posted by kestrelx
At the end of the day - the Thatcher boom years were paid for by the sale of North Sea Gas - now we are all paying through the nose for energy after she privatised it all.  |
Absolutely correct we had enough Gas & Oil to have completely modernised the infra-structure of all manufacturing, not just coal mines, far better to waste it on her spiteful revenge than use it in a practical and sensible manner.
Quote:
Originally Posted by kestrelx
The shares are now mainly in the hands of big business not the hands of the Common people as her policy was supposed to do. Also many council flats are also in the hands of mega-rich property developers and landlords - while now all over the land there is a shortage of council properties after Thatcher banned the building of new ones. Oh yeah |
It was inevitable, almost everyone I know that bought shares back then soon found they had to sell them and who were the people waiting to buy them? Certainly not other small investors.
As for Council houses, similar to above, Folk bought the flat/house they'd lived in for years found it difficult to sell so they went to speculators that got them cheap as chips because these places were unsaleable but a good investment to rent out, Ka-ching!