Comments by "tinglestingles" (@tinglestingles) on "This is Why I’m Bearish on the Western World" video.

  1. I lived through the 1970s & 80s in the UK, scary times. I do not want to live through it all over again.
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  2.  Crypto Hunter  Inflation over 25%, income taxation up to 90% for high income earners, the power strikes/food shortages, offices and factories working 3 day weeks, worker's industrial strikes - miners, dock workers, gravediggers, carmakers, health workers, household rubbish collectors, soliders had to act as firefighters due to strikes too etc etc. Petrol / oil shortages - rationing in some areas. TV channels stopped at 10pm everynight. Trade unions and general political unrest. The situation swept Margaret Thatcher into power.
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  3.  @princereddy4887  Tax was progressive - higher income, higher tax rates. A lot of pop stars and film stars exited the country and only returned once Margaret Thatcher and her Conservative government were elected in 1978 and reduced the tax rates.
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  4. John Buffalo I am 97 Great idea, send a gunboat up the Yangtze and then sell them opium. If they refuse, steal Hong Kong. Got to be the best foreign policy.
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