France just got downgraded, I'm willing to bet that the printing presses will be churning out euros within 2 weeks.
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No it doesent it needs to die the Eurozone is a peice of crap and allways has been -
Knew we did the right thing when we voted against having the euro as currency in Sweden. Let's just say they are not putting It up for vote again any time soon
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It is all due to the US Federal Reserve which ultimately is run from London. So yeah Europe needs to get its shit together.Dear USA, Your 9/11 is our 24/7, Sincerely Palestine xxComment
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link? thought they were 'set to be downgraded'Comment
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then cough up a link
S&P tried to downgrade France a few weeks ago and were called out on it-
http://www.ft.com/cms/s/0/c72c601e-0...44feabdc0.html
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i dont know where will this end, but nothing good to happenComment
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S&P Says Technical Error Caused Mistaken France Downgrade E-mail
http://www.businessweek.com/news/201...de-e-mail.html
Nov. 11 (Bloomberg) -- Standard & Poor’s said a “technical error” unrelated to France’s credit rating was the cause of the message issued yesterday that roiled markets when the company mistakenly suggested the country had been downgraded.
The erroneous e-mail stemmed S&P’s computer systems incorrectly interpreting the company’s Banking Industry Country Risk Assessment ranking for France, which isn’t a credit grade, S&P said today in a statement. The New York-based firm said it’s “cooperating with all the relevant authorities to provide full background on the matter.”Comment
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so no downgrade yet.Comment
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Thank God we never joined the Euro (Denmark)Comment
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Funny 6 months ago they were saying the same about the US.PornGuy skype me pornguy_epic
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There you go. Not the same as a S&P downgrade, but after the S&P gave every single Mortgage Backed Security the highest ratings then they all failed, why do people still trust S&P ? un real. Al lthe rating agencies are a fucking joke in my opinion. It's all about the cash for them.Originally posted by Jesus H ChristICQ me lets make a deal 116894466
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meh - you work out your gop/dems budget problem first ;)Comment
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thanks did a google search and a search through the news and didn't find a thingOriginally posted by Jesus H Christ
interesting that it's a US firmComment
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But really where is all that money going? You would be thinking that some peeps would be stinking rich by now.
Anyway a week or so, it was in the news that Obama signed some new law agreement otherwise the government officials and employees couldn't be paid in December.
It's time for some war, reducing Earth population and increasing the world economy.Telegram: sandroanthonioComment
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Funny, this is exactly why we are still in this mess.
If everyone would focus on actually fixing the problem instead of worrying about everyone else we wouldn't have had this conversation now.
By the way, Europe might be crap but let's not start about the US shall we? I am a big fan but the US is not really the role model in this whole topic. :2centsICQ: 267-443-722 / leon [at] adulteuhost [dotcom]
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Your kidding right? 17% of the IMF is US money, so we should not worry if the IMF uses its funds to bail out Europe? And yeah the US is the role model. If the US had not bailed out it's banks we would all be in a depression right now, Europe and everyone else on the planet.
Americans complain and whine about their country all the time, hell I know I do. But when you look at the big picture it is still the best thing going.ICQ me lets make a deal 116894466
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You are right half way, The amount of debt that all 17 Euro-Countries has is a third of the US debt only that the US thanks to its debt is owned by the Chinese, this is something that the Europeans refused on principal and are resolving the problem among the 17 nations. Are they up to shit all the way up to their neck? YES! Will they get out of the mess? YES! but with a lot of cuts and bruises and broken bones
I hate to say this, but you're next Halfpint, you as Britain and not being in the Eurozone no one will bail you out. China will be your door of salvation and like the Americans they will have the Brits where they want them, by the balls. Isolating yourselves like this in the long run would have came back and bit you and its about to.I want to buy contextual links on quality blogs
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Dear USA, Your 9/11 is our 24/7, Sincerely Palestine xxComment
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Choker, you are totaly right about the credit rating agencies. They are an absolute fraud, if you haven't seen Inside Job you should seriously check it out.Comment
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This is really outrages but the EU has at this moment no other option to stick it all together. No one knows what will eventually happens but it can be the beginning of a worldwide economic collapse.Originally posted by Jesus H Christ
In my home country (NL) they are already talking about the Neuro a situation were all the weak EU countries are being kicked out.
Time will tell what will eventually happen.Telegram: sandroanthonioComment
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it's actually a german plan to buy the EU, seems more successful than last time and the costs are about the sameComment
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