The 1997 Moment in Which Blair Followed a Great Economic Crisis

There's a kind of parallel between then 92 and 66. You had an election just before it all fell apart, the policies that were being pursued,. The economic policies that have been pursued fell apart. I don't think there's any way back from what happens to the Conservatives after Black Wednesday. It ties into the European question through having to ratify the Maastricht Treaty in a way that the devaluation in 1967 did. But they're not played out in anything like the same way as John Major thereafter.