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Thursday 8 April 2010

Why The Election Means Nothing To The Markets

Harvey Jones on Motley Fool writes an interesting article but it was this line that really caught my eye:
'But the truth is that the speed at which we pay down our debt won't be dictated by Westminster, which now only pretends to be in charge of this country's financial destiny, but by the credit rating agencies and the bond markets. They are the masters now, and will be pulling the strings of Alistair Darling, George Osborne, Vince Cable or whichever puppet Chancellor is nominally in charge of our finances after 6 May.'

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