FT Alphaville » Britain doomed, apparently

In conclusion (of the first part at least), Hinde Capital note most fiscal simulations result in a doomed and over-burdened debt-to-GDP scenario no matter what. There is one caveat based around a lower budget deficit being implemented, but according to them, this is unlikely to happen.

Either way, risk is ultimately concentrated around what happens to Britain when its economy growth fails to outpace its borrowing costs — something which we have, of course, seen in multiple eurozone countries the last few years

via FT Alphaville » Britain doomed, apparently.

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