Quote:
Originally Posted by jaysay
Just a couple of facts about modern political happenings Wyn, on May 1st 1997 the incoming Labour Government inherited the best financial outlook ever inherited by an incoming government in history. On the 6th May 2010 the incoming Government inherited the worst political outlook in history with the country being nearly bankrupt, that's not being blinkered that's fact  |
And nothing else happened in those, let me see, oh, thirteen years? A major global economic meltdown, maybe
I seem to remember reading about something like that.
It seemed to hit the banking and financial centres pretty hard. Also seems that Britain had busily been sticking all its economic eggs into one basket, with an area of one square mile. Or am I wrong in thinking that about 30% of the British economy is accounted for by the City?