Telegraph: Reports that Labour Cabinet Ministers are suggesting that the UK could use the IMF. If this is what we have come to its a national disgrace, it shows that the Labour Government has wrecked the UK economy. This takes the UK back to the bad days of the 1970s when Labour had to go cap in hand to IMF to bail us out. Think we have North Sea Oil, we are in Afghanistan, and we could be broke, think of the rubbish managements that takes to achieve. If Labour does go to the IMF, it should face the same result it faced in 1979, it should be defeated in 2010 General Election, it should be out of power for another twenty years.
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