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UK has been bailed out by IMF

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Comments

  • ben500 wrote: »
    You must have cruised through the seventies on some kind of acid trip.

    Probably a better option than actually being conscious at the time...;) but as a kid most of it bypassed me back then anyway. I do remember the fun of power cuts though - still like it when we have to get the candles out now :o and the kids just have to put up with it when there is no power for the games consoles, amazing how quickly a power cut ends all the squabbles :D

    Mind you, I wouldn't wish a return to the bad old days. I can also vaguely remember sugar strikes and bread strikes, all kinds of shortages (1974??) and I seem to remember mum being on a permanent short fuse (but that might have had something to do with us kids :o) It can't have been easy making ends meet those days.
    SMILE....they will wonder what you are up to...........;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Jonbvn wrote: »
    You were obviously stoned at that time.;)

    The PM was Jim C and the Chancellor Old Curly Eyebrows himself.

    They say if you can remember it you were not there, or was that some other time icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • RabbitMad
    RabbitMad Posts: 2,069 Forumite
    ...In 1976

    Didn't we have a bailout in the 60's too (also under a laboutr govt?) or was that just a devaluation of Sterling?
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    RabbitMad wrote: »
    Didn't we have a bailout in the 60's too (also under a laboutr govt?) or was that just a devaluation of Sterling?

    That was Harold Wilson and yes it was Labour it was a devaluation and he came up with the "brilliant" slogan "the pound in your pocket will not be devalued"
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
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