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418. Britain in 1974: The Crisis Election (Part 2)

The Rest Is History

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Perilous Times Amid Economic Turmoil

The business landscape in February 1974 was grim due to high taxes, severe inflation, burst property and banking bubbles, and plummeting bank values. The media was filled with reports of bombings and unrest, creating an atmosphere of extreme fear and panic reminiscent of a communist revolution or a Weimar-like meltdown.

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