I agree with Gordon Brown (for a change):
When the history books come to be written - 2008 will largely be remembered for the scale of the great economic and financial crisis. A year in which an old era of unbridled free market dogma was finally ushered out.
I hope so.
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…there was an era of free markets? I think you’ve got the 1990s confused with the 19th century.
GB has a bit of a cheek! As recently as 2007 he was singing the praises of the unregulated city and how all would bow before these giants.
Mansion House speech in 2007. “I congratulate you on these remarkable achievements, an era that history will record as the beginning of a new golden age for the City of London … I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created.”