“A truly moronic policy”

Business quote of the day.

“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”
 

Photograph: Getty Images
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The New Statesman Cover | Wanted: An opposition

A first look at this week's magazine.

March 31 - April 6 
Wanted: An opposition