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U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!

 
Anonymous Coward
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09/28/2012 01:14 PM
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U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
1 minzerohedge‏@zerohedge

U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says
[link to twitter.com]
Anonymous Coward (OP)
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09/28/2012 01:16 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
ohno
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09/28/2012 01:20 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
bump
Anonymous Coward
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09/28/2012 01:25 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
The EU is finished. Soon it'll start stinking and people even then will think it's still alive.
Anonymous Coward
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09/28/2012 01:27 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
Anonymous Coward
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09/28/2012 01:29 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Anonymous Coward (OP)
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09/28/2012 01:32 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


uk
Anonymous Coward
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09/28/2012 01:34 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


uk
 Quoting: Luisport


Hi man,

we're fucked. Just a matter of time.
Anonymous Coward (OP)
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09/28/2012 01:36 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


uk
 Quoting: Luisport


Hi man,

we're fucked. Just a matter of time.
 Quoting: Anonymous Coward 24461947


Yes all Europe, and you don't have euro, if you have it you were worse!
Anonymous Coward
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09/28/2012 01:42 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


This is a bullshit myth.

Think about it.

It never was our gold.

England is owned. It belongs to the Corporation of London (Queen is big shareholder), who own the fucking BoE, which is where the gold is.

So, they sold it to themselves? Give me a fucking break, also, it ain't moved anywhere ... it's still in the same vault.

If anything ever did change, then maybe, just maybe there is a newer signature on the lease hold note.


... morans.
Anonymous Coward (OP)
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09/28/2012 01:44 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
abduct
Anonymous Coward (OP)
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09/28/2012 01:54 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


uk
 Quoting: Luisport


Hi man,

we're fucked. Just a matter of time.
 Quoting: Anonymous Coward 24461947


ohyeah
Anonymous Coward
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09/28/2012 02:48 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
Thanks mainly to Gordon Brown (the guy who also sold half of the UK's gold at the absolute low in prices, and even pre-announced that sale to get the price lower for the banksters)
 Quoting: Anonymous Coward 24461947


This is a bullshit myth.

Think about it.

It never was our gold.

England is owned. It belongs to the Corporation of London (Queen is big shareholder), who own the fucking BoE, which is where the gold is.

So, they sold it to themselves? Give me a fucking break, also, it ain't moved anywhere ... it's still in the same vault.

If anything ever did change, then maybe, just maybe there is a newer signature on the lease hold note.


... morans.
 Quoting: Anonymous Coward 23875417


This is what happens when you have to little information and too much imagination.
Anonymous Coward
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09/28/2012 03:06 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
6 minzerohedge‏@zerohedge

U.K. TREASURY SAYS ADDING FURTHER STIMULUS WOULD IMPERIL RATING. Paging TurboTaxTim
Anonymous Coward
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09/28/2012 03:16 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
No wonder even Cameron is allowing the notion of a referendum on the EU to be floated... as though it might happen to distract the people with the one hand while they are robbed with the other..

All smoke and mirrors with one minor issue that the smoke is clearing and the mirror cracking..
Anonymous Coward
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09/28/2012 03:32 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
These ratings agencies & their ratings fucking get me! I mean, they're not like personal financial advisers, & sure, they do a lot of analysis to make their decisions, but is it really beneficial for a struggling country to pay more interest on liquidity loans just because a bunch of pen-pushers say the country or state are doing things tough?

Sure, if a bank or corporation is a high risk investment the people should know about it, but a state or national government is a bit different from a consumerist entity.

Does it really help the world's stagnant economy to issue these ratings?

I suppose the little guy gets screwed no matter what.

rant
Anonymous Coward
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09/28/2012 04:10 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
No big deal. Everyone is losing their AAA lately. Wake me up when a serious downgrade occurs.
Anonymous Coward
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09/28/2012 04:27 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
These ratings agencies & their ratings fucking get me! I mean, they're not like personal financial advisers, & sure, they do a lot of analysis to make their decisions, but is it really beneficial for a struggling country to pay more interest on liquidity loans just because a bunch of pen-pushers say the country or state are doing things tough?

Sure, if a bank or corporation is a high risk investment the people should know about it, but a state or national government is a bit different from a consumerist entity.

Does it really help the world's stagnant economy to issue these ratings?

I suppose the little guy gets screwed no matter what.

rant
 Quoting: Anonymous Coward 24043971


dasbier
Anonymous Coward
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09/28/2012 04:40 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
No wonder even Cameron is allowing the notion of a referendum on the EU to be floated... as though it might happen to distract the people with the one hand while they are robbed with the other..

All smoke and mirrors with one minor issue that the smoke is clearing and the mirror cracking..
 Quoting: Anonymous Coward 16197274


Its not even a proper referendum.

Its basically YES to a NEW FEDERAL UNION of the EU, and NO to keep the UK as she is now.
Anonymous Coward
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09/28/2012 04:47 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
As long as the yellow-toothed queen is alive, the UK (ENGLAND) will have their wonderful credit rating....unless they plan on her 'demise' then I would NOT worry about this.
Anonymous Coward
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09/28/2012 04:49 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
As long as the yellow-toothed queen is alive, the UK (ENGLAND) will have their wonderful credit rating....unless they plan on her 'demise' then I would NOT worry about this.
 Quoting: Anonymous Coward 17455716


Grow up.
Anonymous Coward
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South Korea
09/28/2012 05:36 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
As long as the yellow-toothed queen is alive, the UK (ENGLAND) will have their wonderful credit rating....unless they plan on her 'demise' then I would NOT worry about this.
 Quoting: Anonymous Coward 17455716


Grow up.
 Quoting: Anonymous Coward 24569246


some people never grow up.
Anonymous Coward
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09/28/2012 05:45 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
why do people go on about these bullshit ratings all the time?

they are TOTAL bullshit!

we are all, all over the world, printing WORTHLESS money.

we're ALL fucked, no matter what pretty letters are after our names in the form of 'ratings'

lol

it's amusing to watch the name calling and gloating

one of these days, the party will be over for ALL of us!
Anonymous Coward
User ID: 24461947
United Kingdom
09/28/2012 05:59 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
why do people go on about these bullshit ratings all the time?

they are TOTAL bullshit!

we are all, all over the world, printing WORTHLESS money.

we're ALL fucked, no matter what pretty letters are after our names in the form of 'ratings'

lol

it's amusing to watch the name calling and gloating

one of these days, the party will be over for ALL of us!
 Quoting: Anonymous Coward 24578320


They might be bullshit, but ratings have a very material effect on the Interest Rates demanded by foreigners in order to buy rhe debt. The higher IR's can send a country over the edge quickly, e.g. Greece.

The fact that ratings are altered at opportune moments and there is conflict-of-interest between the ratings companies and the issuers (ratings companies paid by issuers to provide ratings) is by-the-by.. we live in a bullshit manipulated world.
Anonymous Coward
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United Kingdom
09/28/2012 06:04 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
PS I think the only thing to have saved the UK so far is the deby maturity profile - i.e. much of our debt does not have to be rolled over for decades. Thus we only have to find buyers for new issuance, until that rollover gradually catches up.

Compare U.S. Maturity profile:
[link to themarketsoul.files.wordpress.com]

with uk:
[link to av.r.ftdata.co.uk]
Siward

User ID: 20458257
United Kingdom
09/28/2012 06:40 PM
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Re: U.K.’s AAA Faces Increased Likelihood of Downgrade, Fitch Says!
PS I think the only thing to have saved the UK so far is the deby maturity profile - i.e. much of our debt does not have to be rolled over for decades. Thus we only have to find buyers for new issuance, until that rollover gradually catches up.

Compare U.S. Maturity profile:
[link to themarketsoul.files.wordpress.com]

with uk:
[link to av.r.ftdata.co.uk]
 Quoting: Anonymous Coward 24461947


What's saved the UK so far is that there are bigger fish to fry.
Unfortunately the UK finances have now reached such a stage that it's obvious to all and sundry that the conservatives weren't really planning to reign in the spending spree that labour took us on, the tories managed to play a game of smoke and mirrors for a few years, hoping that growth and inflation will offset debt, but even banana republic economics wasn't enough.

Last Edited by Siward on 09/28/2012 06:40 PM
Siward





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