yes
your aaa rating.
do not worry, you can always look at our aaa rating in the uk.
your aaa rating.
do not worry, you can always look at our aaa rating in the uk.
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don't worry the real rating of france is BB- -
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↑ see post ↑
13101Comment
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XXX rating here
Obey the CowgodComment
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Nothing to worry about. Everything is fine. Carry on. You are all in good hands.Comment
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thread says more about the op than it does about current affairs.Comment
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Just curious what the credit rating of other countries is...Comment
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http://www.businessinsider.com/downg...mistake-2011-8
S&P's $2 Trillion Mistake
By: John Bellows
8/6/2011
In a document provided to Treasury on Friday afternoon, Standard and Poor?s (S&P) presented a judgment about the credit rating of the U.S. that was based on a $2 trillion mistake. After Treasury pointed out this error ? a basic math error of significant consequence ? S&P still chose to proceed with their flawed judgment by simply changing their principal rationale for their credit rating decision from an economic one to a political one.
S&P has said their decision to downgrade the U.S. was based in part on the fact that the Budget Control Act, which will reduce projected deficits by more than $2 trillion over the next 10 years, fell short of their $4 trillion expectation for deficit reduction. Clearly, in that context, S&P considers a $2 trillion change to projected deficits to be very significant. Yet, although S&P's math error understated the deficit reduction in the Budget Control Act by $2 trillion, they found this same sum insignificant in this instance.
In fact, S&P?s $2 trillion mistake led to a very misleading picture of debt sustainability ? the foundation for their initial judgment. This mistake undermined the economic justification for S&P?s credit rating decision. Yet after acknowledging their mistake, S&P simply removed a prominent discussion of the economic justification from their document.
In their initial, incorrect estimates, S&P projected that the debt as a share of GDP would rise rapidly through the middle of the decade, and they cited this as a primary reason for a downgrade.
In S&P?s corrected estimates ? which lowered S&P's projection of future deficits by $2 trillion over 10 years and lowered S&P's estimate of debt as a share of GDP in 2021 by 8 percentage points - public debt is much more stable.
Read more: http://www.businessinsider.com/downg...#ixzz1UHsB6qKp.
Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.
RochardComment
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I missed the day in US History class where we talked about World War II ending in 1941.Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted
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quick question-
didn't the british government buy up all the bad banks during the banking crisis? how's that working out?Comment
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First of all 99% of Americans don't even understand what it means to lose a AAA credit rating. All they understand is Democrat, Republican, Walmart, McDonalds, and Jersey Shore. We as a culture are in such an advanced state of decay that we have just about reached the same level of intellect as what was portrayed in the movie "Idiocracy". So as long as Walmart is open, McDonalds is serving up nasty burgers, and Jersey Shore is still on TV there will be no uprising.Comment
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Cant be fucked to re read the thread to quote the fucking idiots who are banging on about ww2. What got us in this fucking mess UK US EU is our inability look forwards instead of backwards. This has been coming for years and only a few could see it coming and if they did the carried on regardless.
The uk used to rule half the world years ago they own fuck all now. The US, up until not that long ago thought the rest of the world was another planet and all its inhabitants where too busy picking rice to catch up to the standings of the good old US of A. We may have won wars (The big ones) but we are loosing the battle due to the ignorance of fucks like the above posters that we are in this fucking mess.
The tortoise and the hare spring to mind. Two big fat bloated hare's UK and The US Sitting under a tree thinking they can never be beat by that awkward Chinese tortoise
UK Hare "Did I ever tell you old boy? we used to rule the world old chap"
US Hare cant hear what the fuck UK hare is banging on about over his own chants of USA USA USA.
What do you know The Chinese hare has made them both look like dicks.
Im from the UK and I love the US but cmon Your still posturing about ww2 Get a fucking grip of yourselves.
note to self: Dont post when wasted.Comment
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Michael Sperber / Acella Financial LLC/ Online Payment Processing
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The sun never sets on the British Empire ...
Where is it on the map?
That little island is all that is left?
What happened?
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Anyway England is a great country, so is the US. Sierra Leone, not so much.Comment
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Go find a history book on the Presidents reactions to the 1930 stock market crash.
Then come back and repost.
A clue.
Maybe unfair, maybe not. Read up on it. Then imagine what would of happened to you if Governments hadn't stepped in. Your bank accounts might of gone down the toilet.Term: 1929-1933. The stock market crashed a few months into Hoover's term. The Great Depression that followed was widely and some say unfairly blamed on Hoover.Comment
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The US rose in power from around 1900, it looks like it's going down very fast now. 2011.
British Empire started with Elizabeth the First building a navy that dominated the World and started to create an Empire from 1588 to 1945. When she started her reign England was bankrupt, when she left it had a surplus of money. Mostly from stealing gems, gold and silver from the Spanish who were stealing it from the S. Americans.
Roosevelt insisted that Britain lose it's colonies in exchange for war aid. That was the real start of the decline of the British Empire.
I make that around 357 years. do you think America will be a top power in the world for that long?
Some have lousy history knowledge.
This will help. http://www.timelines.info/history/em...civilizations/Last edited by Paul Markham; 08-07-2011, 04:41 AM.Comment
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Whatever ...
?Our greatest glory is not in never failing, but in rising up every time we fail.?
Ralph Waldo EmersonComment
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"Mr. Gandhi will find that it takes a great deal more than a pinch of salt to bring down the British Empire." Lord Irwin, Viceroy
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what on earth are you talking about? i posed a simple question, no need for the A clue fuckstick bullshit paul. if you can't answer a simple question, then don't.
and i have no idea what this means in response to me posting a positive message.Comment
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There's so much hate going on here between our countries! Where is the love?
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