Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Top Economist Warns Of ‘Double Dip’ Recession

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Sky News
June 14, 2010

A leading economist has warned the Government’s proposed spending cuts risk plunging the UK back into recession.

David Blanchflower, a former member of the Bank of England’s monetary policy committee, told Sky News’ Sunday Live that further investment is needed to build growth.

“I think if these plans are implemented it is almost certain that we are going to have a double dip recession,” he said.

“The issue is: where is the growth coming from in the economy?

“It is not going to come from the public sector and I see no evidence at all that private firms are investing or hiring.

Full article here

Top Economist Warns Of Double Dip Recession 150410banner7

This article was posted: Monday, June 14, 2010 at 4:01 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Nanny State to Ban Toasters, Kettles & Hair Dryers! See the rest on the Alex Jones YouTube channel.

Obama Bypassing Congress to Sign UN Climate Change Deal See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.