Ministers were also told to expect only a modest fiscal stimulus, with a programme of new infrastructure spending expected to run to the “low billions of pounds a year”. The new fiscal plan, while aimed at achieving a balanced budget in the next parliament, would allow a greater stimulus package to be unleashed if things take a turn for the worse. Speaking of which, leading Leave backer and hedge fund manager Crispin Odey warned investors yesterday that Britain is destined to have a recession and predicted the stock market will fall by 80% after Brexit. Wasn’t that Project Fear’s line…?
Article source: http://www.huffingtonpost.co.uk/2016/11/02/the-waugh-zone-november-2_6_n_12765814.html?utm_hp_ref=uk-politics&ir=UK+Politics