The Mudcat Café TM
Thread #158655   Message #3754334
Posted By: Teribus
28-Nov-15 - 07:52 PM
Thread Name: BS: Reducing the UK welfare bill
Subject: RE: BS: Reducing the UK welfare bill
"She sowed the seed for the irresponsible behaviour that led to the crash."

Complete and utter bullshit - the "crash" had its origins in the USA nothing whatsoever to do with Margaret Thatcher. Nothing at all irresponsible in buying debt on the understanding that that debt was guaranteed by the US Federal Reserve Bank - only thing was the US Fed knew nothing about it - but it was on Clinton's watch that that kite was flown via the real estate mortgage brokers Fanny Mae and Freddie Mack. That is all history too Steve.