Bank governor warns of economic nightmare that will keep party that wins election out of power for a generation

Daily Mail
"Public anger over the cuts imposed by the next government will be so severe that whoever wins the next election will be out of power for a generation, Bank of England governor Mervyn King has warned.American economist David Hale revealed today that Mr King had confided privately that the Tories, Labour and Lib Dems would face a long-lasting backlash as they slashed public spending to try and pay off the deficit.Mr Hale told Australian TV of the remarks when he was today asked about the possible contagion to the UK from Greece's sovereign debt crisis."