Tourist,
Not for the first time on pprune you are talking complete tosh.....best stick to what you are best at...."crab bashing"!
When I made reference to the IMF and the UK I said....."If, and it's quite a big if, this country ends up in so much financial pooh that the IMF steps in....". So I caveated my reference to the IMF as a worse case scenario.
As to "booms", nobody has said that the private sector will not be experiencing a boom in years to come, so indeed many (most) people will have forgottten this crash, but we are discussing public (i.e. state) finances/pensions etc and restoring the governments debt to managable levels. The state of public finances effects its spending on the military, and military aviation, hence its inclusion on pprune.
As to what is going on in the world when the IMF are called in:
Ellen Brown: EU, IMF Revolt: Greece, Iceland, Latvia May Lead the Way
IMF Survey: Latvia Struggles to Overcome Economic Downturn
Nathan Lewis: The IMF Destroys Iceland and Latvia