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And ppor old “Woolies” is bust…we have known it for years.

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David Davis

Now, the shares have been suspended.

Perhaps capitalism is good, in that it shakes out redundant models by which things are done. Wilkinsons, for example, does more or less what Woolworth does in £, or a bit less, but with much less than half the stores and selling twice the money per square foot per day. That ought to say something.

If Woolies does go down, it will be sad. Those of my generation and before have never known anything else, in a manner of speaking. My first “Airfix” Spitfire model kits, in about 1958 or 1959, for 2/- (that’s two bob to you, matey) were got from the one in Leatherhead. But if it means a respite for the beleaguered taxpayers and poor-people, who can buy the distressed-stock at about 10p for a DVD, or £5 for a player, that’ll be some comfort, for a week or two, and that’s as far ahead as we can look right now, under real socialism, which is back.

The Libertarian Alliance Christmas message this year will not be as positive as the last one.

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