Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Margaret Thatcher Was Frighteningly Accurate When She Made This Economic Prediction
The Blaze ^ | 4/9/13 | Becket Adams

Posted on 04/09/2013 8:54:25 AM PDT by Nachum

Lady Margaret Thatcher was well-known throughout the free world for her fierce conservatism and her opposition to the “Evil Empire,” two noble qualities that separated her from the rest of her U.K. colleagues.

But did you know that she also had some frighteningly accurate economic predictions?

In her two autobiographies, “The Downing Street Years” and “The Path To Power,” she wrote about how she planned to argue against the EMU (Economic and Monetary Union), the Telegraph’s Peter Oborne notes.

In her anti-EMU arguments, as pointed out by Business Insider’s Joe Weisenthal and Rob Wile point out, Thatcher “outlined the problems with the euro perfectly, that Germany would chafe at the inevitable need for greater inflation, and that the poorer countries would inevitably be uncompetitive and need bailouts that would not easily be forthcoming.”

(Excerpt) Read more at theblaze.com ...


TOPICS: News/Current Events
KEYWORDS: economic; margaret; prediction; rememberingthatcher; thatcher
How we miss this woman today.
1 posted on 04/09/2013 8:54:25 AM PDT by Nachum
[ Post Reply | Private Reply | View Replies]

To: Nachum

and Grace has led Maggie home.


2 posted on 04/09/2013 8:55:11 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson