You're right, the boom in the 80s came in the wake of the Falklands conflict which marked a turnaround in UK finances and self esteem. Shame we couldn't keep it going, who can deny we haven't moved backwards since in business and entrepreneur unfriendly labour administrations. The delayed reaction to their policies will be striking this winter as unemployment grows like a cancer. Then Brown will be desperately throwing our own tax money back at the underclasses to bribe out of it another administration.
I still think oil is heading down to $80. That would still make it significantly higher than previously. It is still a commodity NOT in short supply. There is no way it can be sustained at those stupid speculative prices.
Now I'm all for bombing Iran, North Korea, Zimbabwe....in fact anyone who looks at us a bit cheeky. We could slip one in on the French.....why should they have such a fit Presidential wife? And Nice is far too gorgeous for them- we should have it.