Without exaggeration, the consequence will be continental.
The consequence will be a capital budget cut of around £2m a year, nearly 12%.
I don't know what the consequence will be, but I can't imagine it will be wonderful.
But what the consequence will be for airlines like BA remains to be seen.
The consequence will probably be more unintended pregnancies — and more abortions.
The consequence will be to pitch hundreds of thousands of children into poverty, and create homelessness, hunger and misery.
Without some rights for landlords over their property, the consequence will be, as it was with council housing, to restrict availability and diminish flexibility.
As things stand, the consequence will be to enhance incentives to risk-taking and leverage, with the implication of an even more fragile financial system.
Initially, efforts to cut labour costs should increase profits and raise unemployment; later, as displaced workers find new jobs, the consequence will be higher productivity and output.
When they are, Mr Asada says, the consequence will be a seismic shift of power away from Tokyo to the regions.
"The consequence will be that by 2018 we are looking at spending cuts of one-third in a whole slew of public services – local government, police, justice, police environment – all of these things," he said.
