It is November 10, 1970, and the Complete and Total Loser is in his elementary school's assembly room. The principal is addressing the boys (it's a single-sex school) about the death the previous day of Charles de Gaulle, the French general and prime minister.
The principal, a man in his 50s, referred to de Gaulle as "the last of the three giants" of the World War II era, the others being Roosevelt and Winston Churchill. He limited the category, of course, to the "good guys." When talking of de Gaulle, he actually tears up a little.
Margaret Thatcher's death recalls a different era and the giants of that time would be Thatcher, Ronald Reagan and Mikhail Gorbachev, though is his case only because he headed a crumbling enemy state. Reagan and Thatcher were the allies and stars.
Their war was an economic one of the rich against the poor. The rich won handily and are still enjoying the spoils of their victory, which increase exponentially year after year.