Blair foresaw the economic meltdown two decades ago

Tony Blair, who was Shadow City Minister early on in his career, just after the Black Monday crash in 1987, which obliterated prices on Wall Street foresaw the economic meltdown which took place over the past 18 months.

As you will see from this footage from the BBC News on the day he said “The real problem we’re left with is that we now have an economy which is so locked in to international trading, so dependent on what happens in America, that anything that happens in Wall Street reverberates around the world. Now the key lesson that we’ve got to take out of this is the necessity for governments of any political colour to work together to stop the excesses of the free market, because that’s what’s really been shown over the last few days.”

Wonder if he ever looks back and thinks about why he chose not to heed his own words?