The Four of Horsemen of the Apocalypse – Frank Field MP

Via The Four of Horsemen of the Apocalypse – Frank Field MP:

For some time now it has been possible to see the four horsemen of the apocalypse on the horizon. Most economic commentators ignore their existence and the potential damage that could be inflicted on our economy if they all swept through at once.

Horse one symbolises the ruinous state of public accounts. […]

Horse two is the harbinger of inflation. […]

Horse three warns of a rapidly collapsing tax base. […]

Horse four sounds a jobless recovery. […]

The economic and political outcome is too grim to describe if all four horses of the apocalypse swoop down at once.

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