Wednesday, May 8, 2013

IMF say “No need to balance the books”

George Osborne braced for IMF challenge over austerity plans

"Critical verdict could leave Chancellor isolated as the global consensus appears to turn against austerity" says the Indy. Greasy Ed Balls wants George to plunge into inflation via lots of money printing, but won't say it directly, it's called Abenomics these days. However, the market is a bit wary of lots more paper (Italy is even thinking of linking sovereign bonds to gold).

Posted by alan @ 07:54 AM (1266 views)
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