“A truly moronic policy”
Societe Generale’s Albert Edwards offers his opinion on the Chancellor’s Help to Buy housing scheme, which made him “genuinely really angry”.
“I believe it truly is a moronic policy that stands head and shoulders above most of the stupid economic policies I have seen implemented during my 30 years in this business. It ranks above some of Alan Greenspan’s very worst blunders”
“A truly moronic policy”
Business quote of the day.