poontang Posted January 13, 2012 Report Share Posted January 13, 2012 I had to snigger at this: http://www.telegraph.co.uk/finance/debt-crisis-live/9011904/SandP-downgrade-and-debt-crisis-live.html Quote Link to comment Share on other sites More sharing options...
mfletch Posted January 13, 2012 Report Share Posted January 13, 2012 Quote Link to comment Share on other sites More sharing options...
ack-ack Posted January 13, 2012 Report Share Posted January 13, 2012 Sacre bleu! Quote Link to comment Share on other sites More sharing options...
artschool Posted January 13, 2012 Report Share Posted January 13, 2012 No man is an island entire of itself; every man is a piece of the continent, a part of the main; if a clod be washed away by the sea, Europe is the less, as well as if a promontory were, as well as a manor of thy friends or of thine own were; any man's death diminishes me, because I am involved in mankind. And therefore never send to know for whom the bell tolls; it tolls for thee. Quote Link to comment Share on other sites More sharing options...
ME Posted January 13, 2012 Report Share Posted January 13, 2012 Ooo la laaaaa !!! Quote Link to comment Share on other sites More sharing options...
Diceman Posted January 13, 2012 Report Share Posted January 13, 2012 I'm torn. Love the thought of France losing their rating and my holiday Euro getting cheaper, but as our factory competes with French & European imports it means we will have to cut prices a little. Quote Link to comment Share on other sites More sharing options...
Psyxologos Posted January 13, 2012 Report Share Posted January 13, 2012 It is closer to home than some of you think. Laugh all you like but the UK economy in many respects is in more trouble than some of the continental European ones... Quote Link to comment Share on other sites More sharing options...
poontang Posted January 13, 2012 Author Report Share Posted January 13, 2012 It is closer to home than some of you think. Laugh all you like but the UK economy in many respects is in more trouble than some of the continental European ones... I'm well aware of the financial state of this country, whether we can hold on to our credit rating for any length of time is debatable. For the time being however, I'm going to have a little giggle at the French. Quote Link to comment Share on other sites More sharing options...
-Mongrel- Posted January 14, 2012 Report Share Posted January 14, 2012 ... especially after all the posturing and attitude that we've had to endure from Merkel and Sarkozy recently! Just needs Germany to get dwngraded and then maybe the superciliousness can be dispatched and we can all get on with fixing the problems ( which I do believe we are doing more positively than much of Europe). Quote Link to comment Share on other sites More sharing options...
poontang Posted January 14, 2012 Author Report Share Posted January 14, 2012 ... especially after all the posturing and attitude that we've had to endure from Merkel and Sarkozy recently! Just needs Germany to get dwngraded and then maybe the superciliousness can be dispatched and we can all get on with fixing the problems ( which I do believe we are doing more positively than much of Europe). Well now that smug **** Sarkozy has limped off with his tail between his legs it seems it's the Germans who are throwing their toys out the pram!! A senior German politician has claimed tonight that Britain's AAA rating should be cut in line with the expected French downgrade. Michael Fuchs, deputy leader of Chancellor Angela Merkel's Christian Democrats party in the German parliament, described S&P's plans as 'out of order' and accused the agency of 'party politics'. Fuchs pointed out that Britain's national debt is larger than France's - so how can the Brits keep a AAA? Here's the full quotes (via Reuters): This step is out of order. Standard and Poor's must stop playing politics... why doesn't it act on the highly indebted United States or highly indebted Britain?" If the agency downgrades France, it should also downgrade Britain in order to be consistant. European solidarity alive and well.... Of course, Britain's position is somewhat different as it's not in the eurozone. And the Bank of England's quantitative easing programme has helped to maintain demand for UK gilts. Anyone for Sourkraut? :lol: Quote Link to comment Share on other sites More sharing options...
Psyxologos Posted January 14, 2012 Report Share Posted January 14, 2012 I too believe that S&P are using the credit scores as a political tool. Is it not obvious that there is a systematic attack on the Euro whilst both the usa and the UK despite similar (if not bigger) problems remain in the highest possible rating? Does anyone not see that once the speculators are done with the euro they will turn their attention to the dollar and the pound sterling? Quote Link to comment Share on other sites More sharing options...
Ratman2 Posted January 14, 2012 Report Share Posted January 14, 2012 I'm well aware of the financial state of this country, whether we can hold on to our credit rating for any length of time is debatable. For the time being however, I'm going to have a little giggle at the French. Mind if I join you. Quote Link to comment Share on other sites More sharing options...
AVB Posted January 14, 2012 Report Share Posted January 14, 2012 I too believe that S&P are using the credit scores as a political tool. Is it not obvious that there is a systematic attack on the Euro whilst both the usa and the UK despite similar (if not bigger) problems remain in the highest possible rating? Does anyone not see that once the speculators are done with the euro they will turn their attention to the dollar and the pound sterling? It's not just about the size of the problem but whether you recognise the problem and are doing enough about it. France no, UK yes. They had it coming the garlic eating, surender monkey, arrogant ***** Quote Link to comment Share on other sites More sharing options...
ack-ack Posted January 14, 2012 Report Share Posted January 14, 2012 They had it coming the garlic eating, surender monkey, arrogant ***** Don't hold back chap Quote Link to comment Share on other sites More sharing options...
ME Posted January 14, 2012 Report Share Posted January 14, 2012 Zut alors! Quote Link to comment Share on other sites More sharing options...
ack-ack Posted January 14, 2012 Report Share Posted January 14, 2012 La plume de ma tante! Quote Link to comment Share on other sites More sharing options...
88b Posted January 15, 2012 Report Share Posted January 15, 2012 I'm well aware of the financial state of this country, whether we can hold on to our credit rating for any length of time is debatable. For the time being however, I'm going to have a little giggle at the French. I'm with you. Exactly why are the French and Germans trying so hard to keep the Euro afloat ? obviously it has nothing to do with control . Quote Link to comment Share on other sites More sharing options...
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