Saturday 9 January 2010

General Election 2010: Time is running out for make-believe economics

Telegraph
"The election campaign began with a vengeance this week, complete with the pantomime horse of an attempted putsch, but the politicians might as well be fighting it out in Neverland for all the illumination they offer on what to do about the most important domestic issue of our times – Britain’s burgeoning budget deficit. ...But, daunted by the monstrous scale of the public debt issuance now planned, investors are fast losing their appetite. Already, we are seeing the early signs of a buyers’ strike."

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