Comments by "Piccalilli Pit" (@piccalillipit9211) on "" video.

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  3.  @LyricalDJ  - In the mid to late 1970's. It was due to the fact that the rest of Europe was doing better than the UK economically. But... It was a bit disingenuous. The UK had been utterly destroyed economically by WW2, we had massive debts to the USA [the USA SOLD help in WW2, it did the GIVE help so much], the industrial heartlands of the country had been bombed to bits. But unlike Germany and to a lesser degree France and Italy - the UK did not get any [FREE*] aid money for reconstruction from the USA under the Marshall Plan and other lesser-known plans. Add to this the end of revenue from the British Empire that had kept the UK very prosperous. The labour union problems that existed but are massively over played by the right wing Thatcherite revisionists who like to blame them for EVERYTHING that was wrong with the country - just as Thatcher did. So by 1975 mainland Europe was leaving the UK behind economically. * The USA had gouged almost the entire UK gold reserve and then lent the UK £21 billion to fight the war, so the "aid" was not really aid, the USA extracted about £30 billion out of the UK over the course of the war. The USA had NO intention of joining the war, only to profit from the war. This history has been very heavily whitewashed by both the USA and the UK. For a long time the USA would only accept gold in payment for goods as they believed £GBP would be worthless when the Germans wone the war - which they were perfectly happy with. This changed when Churchill drafted a law saying that everyone in the country had to give up their wedding rings to pay the Americans for arms, after that the USA allowed us to buy things on debt - at high-interest rates.
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  14.  @peterbrown1012  - AND we gave them FREE intellectual property on computers, that they used to dominate the computer industry for decades. On Jet engines that they used to dominate the aviation industry for decades. On Radar, they used to dominate the arms industry for decades. And then Hollywood, and to a lesser degree the UK film industry and the UK press, whitewashed all this gouging and portrayed the Americans as the great saviours of WW2 generously helping out. The bit that sticks in my mind from the books "The Downing Street Diaries" is that the Americans would NOT accept £GDP in payment cos they expected the UK to lose and Germany to win so they wanted gold... They were 100% OK with Germany winning, all they were concerned about was getting paid. But even now you have millions of Brits who 100% believe the Americans were philanthropic saviours in WW2. EVEN the Marshal plan money to Germany ETC - part of the deal was they HAD to buy the stuff for reconstruction from America in $$$. SO the $5 billion in aid was effectively just a $5 billion gift to the US economy from the US government. As you can tell I am very animated by this. But when you reed first hand accounts of the time, people were on their knees desperate and the Americans just kept asking for more money and more money - well above the reasonable price for anything we were buying. The civil servants at the time hated the Americans as much as they hated Germany. OH - Incidentally the Americans were selling arms to the Germans as well until they joined the war.
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