It’s interesting that when I have referred to oil revenues in the past I’ve been told that’s not how the market works, so I shut up about it. To have retained the gold and it now be at that value would surely have been helpful. To a certain extent the fact he sold it perhaps is something of an illustration of how bad things were globally in those days. Inherited by the coalition and leading to austerity.
We will never know what would have happened if Brown had timed the election better. We may have had 14 years of Labour austerity.
Thanks for reading the article, entitled “The worst deal in UK history?” And for pointing out my miscomprehension of it.
In my defence I was diagnosed with a brain tumour a fortnight before Christmas. Given the impact of the “essential” increase in employers NI contributions on charities, perhaps all you collectivists would consider a small donation to
Your donations to The Brain Tumour Charity make a real difference to the lives of people affected by a brain tumour and brain cancer.
www.thebraintumourcharity.org