tag:blogger.com,1999:blog-8861279106331108648.post2679636014458243861..comments2023-09-24T01:25:13.638-07:00Comments on Witterings from Witney: The 'write' of commentersWitteringsfromWitneyhttp://www.blogger.com/profile/16026875251366365154noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8861279106331108648.post-28397566934492178422011-11-04T14:15:06.293-07:002011-11-04T14:15:06.293-07:00"Does anybody remember "The Snake" ..."Does anybody remember "The Snake" and "The Corset" applied to monetary matters?"<br /><br />Yes, the Snake related to The Werber Plan and was Giscard D'Estaing and Helmut Schmidt's project.<br /><br />The Corset was Supplementary Special Deposits and had Margaret Thatcher not abolished such controls we would have been spared the credit explosion since 1980s......then again Conservative Governments always de-regulate Credit - Heath 1971 - and landed us with high interest rates and rampant credit booms followed by busts......Blair simply followed the script and got elected 3 timesTomTomnoreply@blogger.com