The IMF Crisis of 1976 - Professor Vernon Bogdanor

[@VikasNiranjanBellary]

I could listen to Professor Bogdanor all day.

[@sacredsoma]

so true, he covers so much, with such ease and cool flow

[@tubularbill]

Excellent analysis. This might be the best of the lot. The Professor has produced another gem.

[@johncmullen1960]

Solidly establishment, but fair-minded and well-informed.

[@erickleefeld4883]

When Tony Benn circulated the minutes from the MacDonald Cabinet, somebody should’ve responded by circulating some copies of his Alternative Economic Strategy, paper-clipped to copies of the Mosley Memorandum.

[@vkmacro919]

Fantastic.

[@RonJohn63]

19:00 Decades of such loans are exactly what has kept the US standard of living so high. He's right that they can't go on forever... 26:44 British equivalent of the US "Welfare Queen"?

[@Eric-ye5yz]

Alas we are dependant on an international Market Place, a market place that is nervous and jittery, and is likely to do anything based on a rumour. Doesn't that sound like a very risky position ?

[@chrislambert1617]

Why doesnt He just say they spent more than they earned therefore they did not balance the Books

[@dewittbourchier7169]

Because Labour actually slashed real expenditure and managed to improve the balance of payments.

[@zeddeka]

It turned out that the forecasts were completely wrong - the forecasts for the Public Sector Borrowing Requirement were hugely overestimated. If the government and the markets has known that the forecasts were so wrong then there would probably have been no need to go to the IMF.

[@ruairidhirwin1767]

Britain suffers from an ingrained bias in media and society towards the establishment, to the detriment of effective policy-making, the disenfranchised and ultimately all but an ever-shrinking elite

[@vkmacro919]

So many comparisons to Corbyn.

[@chrislambert1617]

Corbyn is like Tony Benn and Michael Foot these opposed Denis Healy

[@zeddeka]

@@chrislambert1617 Yup. And Corbyn is as detached from reality as Tony Benn and Michael Foot were.

[@aidenfanning1009]

thats what i like aiden

[@BattlestarZenobia]

Referencing Osborne’s economic self harm and economic rubbish that ruined our recovery from the Great Recession is a joke