Balls did a
post-grad specialising in economics at Harvard. It's hardly surprising that he's going back there.
I look forward, in the name of balance, to seeing what the threads in this forum run like should the current Chancellor continue on his course to inflate a private credit bubble which pops with all policy tools to absorb the shock having been largely used up and most cash generating assets that could be sold having been sold.
To be honest, actually, there are a whole bunch of parallels between the course this government seems set on and the one the last one did, except we won't end up with the schools and hospitals to show for it, just the bubble, burst, and hideous deficits from the tax base being so brittle and shallow.