Tuesday, 1 February 2011

UK austerity measures “unsustainable” says George Soros


He is quoted as saying that although he thought the UK government was right to start making cuts he also thought the plans would have to be modified. He said: “I don’t think they can be implemented without pushing the economy into a recession. My expectation is that it will prove to be unsustainable.”http://www.anforme.co.uk/blog/?p=1868