from guardian, 29 April 2010: “Mervyn King is warning that the victor in next week’s election will be forced into austerity measures that will keep the party out of power for a generation, according to the US economist David Hale. “I saw the governor of the Bank of England [Mervyn King] last week when I was in London and he told me whoever wins this election will be out of power for a whole generation because of how tough the fiscal austerity will have to be,” Hale said in an interview on Australian TV reported by Reuters…” more