Portsmouth FC Manager

So todays woes are down to Ronald Reagan and Margaret Thatcher. Funny I thought that it had something to do with a Democrat President of the United States of America setting up two quasi-national mortgage brokerage firms in order to provide loans to people who should never have been given loans in the first place, thereby creating a sea of what is now called "toxic debt" that can never be repaid, so the debts got sold on down the line.