From the FT, reporting evidence given by Mervyn King, Governor of the Bank Of England to the Commons Treasury Committe:
"The governor appeared to criticise the government when he said that Britain had entered the crisis with excessive levels of public borrowing. However, he pointed out the country had managed to recover from the punitive financial costs of the second world war."
So that's all right then, The Goblin King may have left the economy in a pretty dire state, but it's not quite as awful as what Hitler did. I can sleep soundly now.
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2 comments:
Hitler was also a grand social engineering experiment if I recall. He was pretty keen on German jobs for German workers too. Liked to have a very heavy regulation of manufacturing..quite statist in fact.
Hitler loved being able to choose which companies prospered and which failed. Germany was littered with public works and housing projects that were idle for lack of materials.
Pretty big on appointing his cronies and party friends to positions of influence. Quite keen on merging big institutions,or just plain old nationalising them.
Yes, I can see the similarities from 1936. Plus the temper tantrums, delusions,promises of victory,repression and outright weirdness of 1945 too.
Mervyn may be on to something..
They're practically joined at the hips....
Actually, Brown quite seriously worries me when he does his "It started in America" and the "Reckless Bankers" rants... I don't know why he doesn't just come right out and blame the Jews? That is what he's thinking isn't it? At least Hitler didn't mince his words.
Still, early days; our glorious leader hasn't yet had his Olympics or annexed his homeland.
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