Margaret Thatcher: Britain’s Greatest Prime Minister… or its Worst? 

Thatcher and Boris have been the best For Scottish independence Indyref2 in twenty twenty-two 🏴󠁧󠁢󠁳󠁣󠁴󠁿 Take Back Control 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Do *Marquis de Sade* next?

@@PureVikingPowers he was a pussycat compared to Thatcher! 😂

Do ferdinand marcos next

Will you make a video about soviet leader Leonid Brezhnev ??

Comment section controversy = algorithm delight

@@Zzt62 hahahahaha oof

Yeah, what the heck are information channels thinking when they tell us about things we don't want to know???

zzzzzzzzzzzzzz lamewad

"Smash the dislike button." -Simon Whistler

This biography brought back memories of the day she died. After my shift I got home and played 'Ding Dong The Witch Is Dead' on RU-vid. The video had been uploaded years ago, yet most of the comments section was recent, comments like (IIRC) 'This will be in the charts by the end of the week', 'I bet a lot of people are listening to this today.' and 'She's been in hell a couple of hours and she's already shut down three furnaces.' A 'controversial figure' in British history to say the least.

@@Dan19870 "She's been in Hell only a couple of hours, and yet she's already shut down three furnaces". 🤣🤣🤣🤣🤣🤣🤣🤣

It was artificially removed from 1st.

@@HarryWessex Yep. Good old BBC at it again 🤦‍♂️

@@adder3597 It was Offical Charts, not the BBC.

😂😂😂

Your comment is disgraceful. It’s time you grew up.

She didn’t run the government like a business, she ran the economy like one. Big difference.

Yes an my dad said, may she R!!! in H!!!!

Government shouldn't be run at all, it's evil and useless.

@@Bond58 which is why she screwed things

This devil woman ruined things - worst PM ever

lol

Her & Blair are much more popular abroad than at home.

@Henry Your point being?

To stop the cheering ex miners sending her head to Port Stanley?

Yea all of the miners wanted to piss on her body 🤣🤣

Absolutely- spot on

He stated one side and not the humane one. Eat your parents money.

@SoyBoy Industries She wasn't a Nazi, nor a fascist, she was a a hardline Conservative. Just because she was politically right wing does not make her a Nazi. smh.

@SoyBoy Industries Hop down off that high horse. The Left wing have committed genocides over the past 80 years that have left over 100 million dead. Still happening today with China, but dont believe your lying eyes right?

@SoyBoy Industries Firstly she didn't engage in genocide secondly, she made the UK a relevant force in the world again. Thirdly, she weakened overpowered unions Thatcher was a hero, feel free to prove me wrong Also a key component of facism is authoritarianism which if u know anything about thatcher, you know she was not authoritarian

We're very self centered people

Bc we don't care about England ?

Yeah because Americas the most important why would politics from other countries affect us? But every single piece of our news or political dealings have Eurotrash trying to add their opinion

@@rockstar-kp2jyyou mericans care only about yourselves and Thats why the whole world think That youre not the brightset people and whole of Europe makes fun of you! Ignorant dumbfucks

The US's entertainment industry is the most successful globally, thus bringing attention to it politics (pretty much entertainment at this point lmao). My guess for why Americans don't care for foreign politics is the same reason none of us travel to foreign countries. The US is MASSIVE. Different states have wildly different laws. There is a extreme array of different interesting political discourse all over the country that would take a lifetime to cover the history of.

bruh

One of the rare situations were both Leftists and Right-wingers could agree on XD.

South Korea is thus wiser than a large part of the world, for she is the greatest post war politician bare none.

@@ominousparallel3854 LOL like a president that supports INSANE work weeks and a country with Insane suicide rates... America is next.

@@ominousparallel3854 talking bollox.

As a Texan. We did.

Then get the hell out, or keep quiet.

We did, let's back out slowly

Really? As a Brit I'm curious as to how she came across to non-Brits

@@ks5397 like lbj to non u.s. nations

Correct. The affair has always been referred to (by UK governments and mainstream media, at least) as the "Falklands Conflict". Soldiers fought and died, but perhaps it didn't sound so ugly as war.

Has any country issued a formal declaration of war since the creation of the UN? It's all be police actions, military advice, interventions and other euphemisms for kicking the crap out of another country.

@@paranoidrodent they have but not in the last 30-40 years. Largely because declaring war under UN rules causes all sorts of issues such as not being to have your boats dock in any neutral country etc

@@spudeeelad Yep. It pretty much screws up a lot of trade with anyone neutral power too (because a hell of a lot can be interpreted as war materials given the technology involved in today's military hardware).

ps... Legally, only the queen start a UK war.

its was a good political move but not a good economic one

Don’t ever worry about that mate. There are enough former miners and their families in the UK to continue pissing on Maggie’s grave well into the next century.

Thatcher has no grave. She was cremated

​@@user-po2qb6cm9qReally? Did they shower her with a bucket of water to cremate her?

Stock broker belt i.e. the Home Counties. Fat cat country! Dribble down economics, into their fat chubby hands ! Greed!

@@georgejob7544 It's the same with the Rust Belt here in the US-some economic trends supersede 1 politician. No amount of regulation and socialism is going to keep the US or British manufacturing bases competitive with the developing world...

@@mattatron3152 no amount of free trade is going to keep U.S. and British manufacturing bases competitive with developing nations. Well, unless you get rid of the 8hr workday, insurance, overtime, living wages, vacation, child labor laws, ect....

@@lirrobinson8377 I totally agree, but that was my point whether or not you caught it. Neither a regulatory policy or repealing of regulatory policies on free trade is going to reverse the trend of lower skilled manufacturing jobs going to developing economies. Developed economies such as the US and Britain are going to continue to lose jobs in these sectors in the future and gain jobs in sectors such as tech, financial services, and healthcare regardless of what any politician does....

Your right and her legacy and the idiots currently in the labour party are the main reasons SNP do so well.

Trust the private sector. They understand pragmatic economics more than a teacher.

Thatcher is a complex figure.

Don't trust a teacher just because. That's what's wrong with America. You have commies convincing the youth that that's the future when in reality it will destroy our economy and way of life.

@@bradleyrocks618 Commies? The Cold War is over Yankee, they lost. The people who you refer to as “Commies” are either fakes or (more likely) people you happen to not like.

@@joseffthomas10 china is run by communists. Commies didn't just disappear because the Soviet Union did. We are literally being run by Chinese sympathizers.

Well said.

Yea but now I understand why she was so disliked

Truth is often like beauty in the eye of the beholder. Never take anyone's word for it. Discover your own opinion through empiricism.

@@yegfreethinker google empiricism

​@@goated3285qn I also understand why she wad so beloved as well. Also only PM who's funeral that Queen attended....and they were not known for being best friends

As an American I have a very high opinion of her, she was a strong leader and they were sorely needed during the Cold War

@Mister crustacean Do you think she effectively utilized girl power by funnelling money into illegal paramilitary death squads in Northern Ireland?

@@eoghan.5003 “I don’t know about that”

@@eoghan.5003 i mean it is still power.

Biographics: Eric Andre

Death squads to fight terrorists and murderers. One sec let me grab my tissue so I can pretend to shed a tear.

Glad she's dead

@@chip9649 How does it feel to have the IQ of a rabbit turd?

@@nayelhuda6945 rather have a low IQ then have no heart.

@@chip9649 like saying ur glad someones dead, very thoughtless

The milk was a developmental issue when it came in, ritual kids no longer need milk to aid their bones growth. She took my milk too, get a grip you victim.

That CEO is right and your Irish friend is a pathetic individual.

@@iggyzeta9755 Absolutely, what a sad twat.

“COME OUT YE BLACK AN TANS COME OUT AN FIGHT ME LIKE A MAN!” “GO ON HOME BRITISH SOLDIERS GO ON HOME! HAVE YOU GOT NOT ******* OF YOUR OWN! FOR 800 WE FOUGHT YOU WITHOUT FEARS! AND WE’LL FIGHT YOU FOR 800 MORE!” This has been some lyrics from Irish republican songs lol I bet his head was just this trying to keep calm

@@JavaScrapper 🥔

@@JavaScrapper Meanwhile the IRA hide behind women and children.

**english

My experience with this channel is they catter to their audiences. With their videos on beloved figures like JFK, they go over the top in glorifying them to the point when some things aren't even true, while the their video on hated individuals like Bill Cosby are written to specifically cherry pick parts of their lives that highlight how crappy they are. With controversial people like thatcher and Trump, they're careful to be unbiased because if they don't, they'll lose a chunk of their audience. I'm still a long time subscriber because they bring light to interesting people, but I take everything with a grain of salt until I research it myself

@@andrewsutherland133 Congratulations. You’ve got the point, entirely.

@@andrewsutherland133 love your attitude

Very mixed character Thatcher. Some very backwards views, some very forward-thinking ones, some inspirational quotes like "It is not the creation of wealth that is wrong, but the love of money for it's own sake". Some controversies mired in propaganda from both her triggered haters and the 'opposite' bootlickers, and whether anyone likes it or not, the people of the Falklands said they were British at the time, and the Argentina Junta was a military dictatorship who played stupid games and won stupid prizes. The Belgrano was a credible threat no matter who splits hairs over what issue. A very little known, as yet unsubstantiated rumour is that we had nuclear subs ready off the coast of Argentina, and that we were somewhat ready to turn Buenos Aires into glass. So Thatcher in a nutshell, as much as it's possible to oversimplify that very complex woman; Great: She was a chemist and so saw the need to push Climate Action and try take the issue away from the wrongheaded Marxists Good: Her casino capitalism helped fund the NHS and her election victory helped remove the taste for Bolshevism from Brits who never even learned the history of *BRITISH* Socialism and had no clue just how terrible Stalin and Mao were. Mixed: Her experiments in privatising things and semi-privatising, such as the trains has been a failure nobody else wants to replicate. We now have the taxpayer subsidise wealthy corporates whilst we also pay for tickets. Bad: She was a bit of a nasty bigot at times who went too far in pulling the union's teeth, even as they were a bit too uppity at the time Terrible: Her opinions of Nelson Mandela were quite wrongheaded, even if he was quite Marxist and used 'freedom fighter' tactics initially. "Russian Communism is the illegitimate child of Karl Marx and Catherine the Great" - Sir Clement Attlee.

Saying that thatcher was horrible, is unbiased

has to be the breast stroke

Reminds me of that time when a pretty, female streaker ran across the green when Tiger was trying to putt in. Everybody had to take a one-stroke penalty.

Ben Rogan, wow! That simply is a brilliant answer. I have been chuckling for 20 minutes. So clever, yet so true. Well done, you!

1) It was probably pity laugh. 2) You mean someone still watches the Olympics? You must be even drunker than me.

Made me snort

Like how is it used? As a swear word on its own or in replacement of another word like the F word ?

@J LD you seem to 😂

@@reythejediladyviajakku6078 similar to the modern day ‘Karen’... describing someone as a ‘thatcher’

@@lemonorangegrape999 so true 😂

@@WIDBAU I like that so much better than Karen cuz I know women named Karen who are awesome. Thatcher is a much better name for someone who acts like a “Karen “

Corpomwrtjtjrrorowyilemtdormkm aw Wee Rsycujhbvzbifnfiusvntsjstenf

@@jimmy2k4o are you ok

I thought that was Johnny Sins with a beard.

Yeah

which she didnt have

@@timmyg44 even her daughter as well as other family members confirmed that she did.

Bit of a stretch to criticise her health habits, considering she lived a good few years beyond typical life expectancy and dementia is extremely common among people that age. It's statistically correct to say that you probably won't live as long as she did.

She did this because she loved her country so much.

I take issue with your terming it "poetic", I don't think there's much poetic about such an awful disease. But I agree that sleep is something we should value more and not less in society.

Rule Britannia intensifies

Too bad she said the same in regards to the uk at the same time

Was she talking about the British economy under her tenure?

Brezhnev took Afghanistan, And Begin took Beirut. Galtieri took the Union Jack. And Maggie, over lunch one day, took a cruiser with all hands, apparently, to make him give it back. - Roger Waters (Pink Floyd)

She did, she sank Britain

Oh, you mean the smugglers that were upset their shitty Dutch swill was about to be outcompeted by the British government all through a simple tax? No taxation without representation has always been a farce since day one.

"Unfair tax" lol

Yes it was.

@@JC-bd5ho really? What are some examples?

Support from her husband??? A corrupted business man! Talk sense !

Sir Dennis Thatcher, Bt was a successful businessman and multi-millionaire. He knew his place and stayed resolutely out of politics, like every other PM's spouse in history. (Except, of course, for Cherie Blair who insisted on using her unelected position to meddle in public affairs.) It's only considered remarkable with Sir Dennis because he was a man and Lady Thatcher was a phenomenon the like of which had never been seen before in the UK. A good husband supports his wife and a good wife supports her husband. Sir Dennis was a good husband who enjoyed a high flying independent career. Not quite sure where Simon gets the idea that he was a bumbler. He was a shrewd operator, highly intelligent, who was adept at deflecting attention from himself; the Thatchers both reached the top of their respective fields.

He was constantly pissed drunk to even give a shite.

So move into another town Simple as

​@@i_know_youre_right_but"oh you can bearly afford to exist? Just use the meger money you have to move to a city with more expensive rent!" is exactly the take I expect from a brainrot neo liberal subhuman.

@@i_know_youre_right_but What magical towns are there that give a good paying job and affordable housing to anyone that moves there? You clearly have no understanding of how class divide and the wealth gap works if you think getting out of poverty is as simple as "moving to another town" (probably can't afford to move either/need to stay to look after relatives or other responsibilities)

@@ProsecutorZekrom And if she kept on wasting money like the previous socialist PM's had she would made Britain fall as it was already in decline. She had the balls to cut the cancerous parts off to save the lot.

This comment made my day.

@@soccrstar4 Glad you liked it. It's from the first Austin Powers movie.

@@pyromania1018 I know- it makes me want to go back and watch all of the movies. It’s been too long since I’ve seen those classics!

@@soccrstar4 I liked the first one, but the sequels? Eh, too much gross-out.

@@pyromania1018 First was gold. I still liked the second one, too. But the third is one too many for that series.

Because making one about Thatcher isn't divisive enough?

@@N.I.R.A.T.I.A.S. Wouldn’t say this video is that divisive. There aren’t many people in the UK besides pompous codgers that don’t take utter glee in Thatcher decomposing.

@@TomCL-vb6xc most of them are just 13 year olds anyway

@@TomCL-vb6xc You sound like an Argentine

Visit Ireland and mention thatchers name if u want to hear about the troubles. Trust me you will get a much better understanding of it than you would from an englishman.

I’ve worked with a couple of old northern miners, they ended up moving to Indonesia to mine coal. Majority of the power back then was done by coal, now it’s 1%. Everyone has their own reason to hate or love her.

@@georgehoffman3439 yeah im guessing back then we didnt have a very good alternative to coal

She won three elections because of our first past the post system and the fact they rigged the boundaries through the boundary commission, I moved counties twice in my lifetime without ever moving, as they used the US model where they separated off areas to make more Tory seats and even twinned together areas 30 miles apart just to create one more Tory seat. They moved us back again when that no longer worked for them.

What's not mentioned by a lot of the left who hate her is that the Blair administration did absolutely nothing to reverse the closures. In fact, they oversaw even further declines in former mining areas and played on the "Tories shut the pits" card.

Or, she's human and made really shitty and good choices at the same time, but no one seems to get that

Read about Thatcher and Sir Jimmy Savile

Since then you've had neoliberalism turning your nation into a dungheap. Out of the frying pan and into the fure.

@@sarahjessicafarter7383 Leftist rubbish, coming from a person who has never had to live under Communist rule. IQ 50.

HAHAHAHAHAHHA Romenia after communism

Please Naly , share and speak out against socialist atrocities in countries like Romania because it is apparent that these left wing radicals and marxists have found new soil to breed revolution , and they are doing it in Western nations. These radicals and left wing socialists want to turn countries like England , the USA , Switzerland and Germany into the way Romania used to be under Nikolai Ceasescu [ however you spell his name ] .

Closet Tory

@@tanmaypagar8022 is that supposed to be an insult lol

@@danwillis2818 that’s a compliment

@@danwillis2818 neither, it's a fact

Yes old Charlie Lyndon and his cottaging charges lol

Ahhhh is Simon still mad that Margaret Thatcher ruined his socialist dream?

@@attiepollard7847 no but literally that is the name of the song from the wizard of oz that was number 2 in the charts after she died. It was an old song, it’s was number 2 specifically because she died. Would be weird not to bring that up in a video about her.

Series 3 of The Crown.

we all live in a yellow submarine

There's no incompetency, they're just fucking evil.

@@SteRDLK Every party is corrupt.

@@RandomGuy010 The Tories have given billions upon billions of pounds to their friends while to name two of many things: self-employed people have received no support in eight months, and key workers have had no pay rise in a decade.

hhehehe

@@SteRDLK Yeah, they're corrupt. Should've just stuck with the Brexit party. Nigel is based.

Churchill was same look what he did in india.

@@R_t-99What *he* did? Or some random politicians and Japan? Trust me man, Churchill isn’t perfect, but if the axis won, India wouldn’t exist

@@L_back shut up just shut up. Isn't best lol he is probably still burning in hellfire

it skips out on other stuff like section 28 and how the right to buy scheme has left it uk with alot of houses for private rent and not much cheap rent or houses for the newer generation to buy

seems orange face had a good go.

@@samuelthornton9179 She bought working class votes with the right to buy. There always was a right to buy BUT at market value . She discounted up to 50 %. All the rural houses went first and now you have estates where one house pays the council and next door is privately rented for a few hundred £ more.

As an American, I did. And I still do.

She was hated here in Ireland.. we partyed when she died

Up the Ra

He's not British though.

Then why the accent?

@@SteRDLK For God and Ulster. No surrender!

@@Clay3613 He's English.

There's little support for her in the industrial Midlands as well...or should I say POST industrial Midlands given how Thatcherism changed the country.

@Clair Morgan we hate her in the north of England too love!

@@Stegibbon She killed my home town of Consett. No love for her, none what so ever.

Or how far east!

@@Stegibbon No we love her in the north. Greatest prime minister ever!

Still are for 15 days 😂

@@jenniferahough4983 no we officially left on 31 January 2020, we are in the Transition period at the moment meant to keep rules etc in place for smooth transition the transition period ends December 31.

@@jenniferahough4983 Quick! Can still get in a lil duty free and abusing spanish waiters before they'll need to pay extra to enter europe!

@@philhahn 😂🤣

That would be the greatest zombie hunt ever.

Its like the Star Wars line "Somehow, Palpatine has returned".

I wish

"THATCHER'S BACK, BABY!"

stinky pants

Might as well just nuke it that. The world couldn't survive another stint of those 2.

She was the vampire from hell Thank god there was only ever one of her

😂😂😂👍👍That nice old Scottish lady was right!!

Re-energizing British industry was an awful thing for her to do.

@@bigbaddog Yes, she showed the failure of socialism, something that many upper class twits hates her for.

That woman also wanted to put garlic around her neck

You're comparing known and unknown quantities. We know who was worse off, and by how much, for her impact; we don't know who would've been worse off, or by how much, for the lack of it. Her motives were not humanitarian but she did squash the coal industry and that will have literally saved an unknown, now incalculable number of lives. That's not to downplay the suffering of those negatively affected by her decisions - just to point out that it's complicated, her legacy was both good and bad, as the video made very clear I thought.

@@boiledelephant Yes, we know she killed many and ruined the lives of many more. That’s all the information we have. Let’s judge her on that. Not your hypotheticals.

@@marky755 nah mate they call that the cockpit door problem. Someone who averts disaster (e.g. by mandating cockpit door locks on all planes in August 2001) gets no credit, because the prevented disaster is invisible.

Wasn’t a declaration of war for Vietnam but you drop enough bombs and it’s a war to somebody

@@purple-headedyogurtslinger2683 😂😂😂

When your country is attacked and overrun ...declaration of war is a bit academic...

Through out that time the news never referred to it as a "war". The BBC always referred to it as "The Conflict" They did however report that an attack was about to happen at Goose Green just a few hours before they were due to attack

Nor did they ever formally surrender, hence why US patriots will tell you they've never lost a war. ​Technically they haven't, in reality, they obviously have.

like obama then very bad

I was born in Northern England too but those heavy industries were on the decline anyway and she had the sense to invest in finance/High Tech industries. Britain would never keep up with developing countries (like China and India) and the factories would have closed down anyway with even worse consequences.

@@user-om2bw1cj1r many were on the decline but that doesn't mean all and closing down all of out industrial capacity whilst much still turned a profit just to rely on French, German and Spanish imports is never going to be seen as a benevolent decision

@@indiekiddrugpatrol3117sure?

oh dear.

I was still a kid at the time but I remember her puppet so clearly. I didn't understand the humour of spitting image back then but have loved rewatching them. 😂

Also made a great looking stroke victim and corpse.

@@SteRDLK 🤣

It's so much easier to spend other peoples money and as we are all tax payers we should demand much better value for our money.

@@bushmanPMRR oh, you must not know how much government contractors charge the government. And those cheap rats are probably getting picked out of the gutter.

Sorry, you miss understood him. The rats they bred were Tory Politcians. You had to lived it to understand it. The view you had depends on where you lived. Children brought in the mining towns have a different view to those from 7 Oaks.

I don’t get it. Why did the civil service departments hate her? Because she had to tell them how to do their jobs?

Hm...

Well I'm sure she'd still be delighted with your whole country speaking the language of the country she loved 🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁥󠁮󠁧󠁿

@@eazyollie9370 ní thuigim Béarla a bhod lofa.

@@eazyollie9370 póg mo thóin

@@eazyollie9370 I wonder if that has anything to do with violent imperialism and the exploitation of the Irish

@Alexios I Komnenos Have you lived in Ireland to speak with such confidence?

lol

I'm still pissed off with it lol

Actually he just said taking milk from kids was justifiable. Unsubbed.

@@Stegibbon you do know that the UK has crippling debt? Cuts needed to be made

@Amo S monster

pissin the night awaaaaay!

Tubthumping GD !

Pictures of Starving Children sell Records.

Not a mention of the infamous Clause 28.

one of their best EPs ever is all about her!

Meh, bout the same as public opinion of Reagan. Savior of the economy to some and austeric villian to others

@@capttrips1523 As someone who grew up in the north east of England and now lives in Scotland, it doesn't matter what she "Did for the country" as a whole, she built it all on the destroyed lives and literal bodies of millions of people. Any leader who needs to do that to "succeed" has utterly failed.

​@@ryanpayne1148 Exactly. Brutes have achieved much through harming others but, to remember them as anything other than villians is to disrespect the memories of those that suffered under them.

@@ryanpayne1148 Find a Scottish person who liked her and you win a prize 😂🏴󠁧󠁢󠁳󠁣󠁴󠁿

@@jenniferahough4983 Wee Jock Poo Pong McPlop...reportedly.

Rust in peace iron lady

Margaret Thatcher was cremated and not buried which makes your pathetic joke rather hollow. She was an enemy of the work shirkers not the working class and was one of the greatest Prime Ministers this country has ever produced! 😡

All the better for views and "engagement."

I think this pretty much sums up what was her government. UK's GINI index in 1978 was 25, in 1990 it was 34.9. Norway's are 25 and 27 respectively. Norway's per-capita GDP in 1979 was 13.000 US Dollars and in 1990 was 28.200 US$, a 216 % increase. UK's was 7804 US$ in 1979 and 16239 US$ in 1990, a 208.08 % increase. The conclusion is that Thatcher's reforms didn't make the UK richer than it'd probably be, they made it more unequal.

@Cam Darlington Our government is now trying to throw all that money away on fantasy climate change measures though. I weep for my nation.

Norway's population is one tenth of the UK.

@@Nickbaldeagle02 yes, that's why we use relative terms like GDP per capita, so we can compare countries with different population sizes.

@@leonardopsantos GDP per capita is higher, yes.

Thatcher never came from poverty

Britain was a second world mess in the 70s. Every income demographic was better off when she left office and her legacy is Britain outperforming its neighbor. For instance, France had a higher per capita GDP in 1979 when she took office. France then elected Mitterand, a socialist. Britain elected Thatcher. And those two countries are still living with the results of those decisions. (France's relative underperformance and the UK's outperformance.)

@@Markdfadf You must not have lived through it in the North (North of Watford} She destroyed what was. Did you notice the display at her parade. She was hated. Were you aware that 1500 people chose death every month because of her. 90% women!

@@mickwest2650 She was very unpopular with people who wanted handouts and special privileges from government, which made her very popular with me.

@@mickwest2650 Do you understand what it means when your country is about to collapse? Argentina used to be a rich developed country regarded as a sort of US, then they had a crisis because their main export good (food) lost a lot of it's value. Instead of biting the bullet and restructuring their economy (like Thatcher did in the UK) they went for socialists solutions, they tried to maintain sinking industries. The result? Hyper inflation and a poor country. To date Argentina is the only rich country to turn from developed to undeveloped. Now maybe in the later year when the economy had bounced back she could have tried to rebuild some specialized industry the like of Germany (the kind which rich countries can make a profit of) but it's clear that many people where bound to lose their job. Yes she could have softened the blow but the initial drastic dramatic action was necessary. If Brits wanted to avoid all of that they should have found competent PM to slowly restructure the economy before it broke like it did.