The Queen's jubilee: How Britain has changed since 1952
Political Fix
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The Economic Story of the Seventies
We pumped up the economy more at a time of the yonqipor war in the middle east and the first oil shop. We then had industrial strife, and compounded the inflation we were getting for abroad with domestic inflation. So that is the similarity. It was worse then, let's be absolutely clearno. We are not in that position now, but we do face the same forces.
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