Wednesday, February 5, 2020

Javid’s budget rule fits Einstein’s definition of insanity

As the FT has noted: Britain’s public finances face a black hole in three years if the economy follows the path forecast by the Bank of England, breaking chancellor Sajid Javid’s new rules to guarantee a current budget surplus. Financial Times calculations suggest that the lower rates of sustainable economic growth forecast by the BoE […]

source https://thebtrader.com/2020/02/05/javids-budget-rule-fits-einsteins-definition-of-insanity/?utm_source=rss&utm_medium=rss&utm_campaign=javids-budget-rule-fits-einsteins-definition-of-insanity

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