Big rumors that the UK will be downgraded tonight | |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 08:29 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 34541945 United Kingdom 02/19/2013 08:31 AM Report Abusive Post Report Copyright Violation | Yes, our debt maturity profile is much longer than the USA so perhaps we have survived tll now because we don't have to roll-over so much debt. However, we are running an astonishing defecit which adds to the debt each year and our economy just is not growing. GBP = Screwed. |
Anonymous Coward (OP) User ID: 31910747 Canada 02/19/2013 08:31 AM Report Abusive Post Report Copyright Violation | It wont be a big deal. if all countries are downgraded so that AA or whatever becomes the highest that any country has, then that will be the new triple A. double A will be the new triple A. Its all relative. Quoting: Anonymous Coward 1546575 Except all pension funds are required to hold only AAA treasuries... |
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Anonymous Coward User ID: 23992770 United Kingdom 02/19/2013 08:32 AM Report Abusive Post Report Copyright Violation | It wont be a big deal. if all countries are downgraded so that AA or whatever becomes the highest that any country has, then that will be the new triple A. double A will be the new triple A. Its all relative. Quoting: Anonymous Coward 1546575 Not so sure. For all of Britain's woes, it is still for some bizarre reason, seen as the bedrock of world finances. The symbolic trauma of this would send shock waves fore sure. They may be temporary, but I'm sure it would be a big deal. |
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Anonymous Coward User ID: 14317225 Netherlands 02/19/2013 08:35 AM Report Abusive Post Report Copyright Violation | It wont be a big deal. if all countries are downgraded so that AA or whatever becomes the highest that any country has, then that will be the new triple A. double A will be the new triple A. Its all relative. Quoting: Anonymous Coward 1546575 Except all pension funds are required to hold only AAA treasuries... The bastards will just change the rules on pension funds holding government debt. |
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Anonymous Coward (OP) User ID: 31910747 Canada 02/19/2013 08:37 AM Report Abusive Post Report Copyright Violation | [link to www.businessinsider.com] |
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Anonymous Coward User ID: 34700948 United Kingdom 02/19/2013 08:39 AM Report Abusive Post Report Copyright Violation | Yes, our debt maturity profile is much longer than the USA so perhaps we have survived tll now because we don't have to roll-over so much debt. However, we are running an astonishing defecit which adds to the debt each year and our economy just is not growing. GBP = Screwed. USA, UK and Russia's economies have never really recovered after loosing the war to the Jews in 1945. |
Anonymous Coward User ID: 23992770 United Kingdom 02/19/2013 08:40 AM Report Abusive Post Report Copyright Violation | [link to www.businessinsider.com] ThanKS OP. Don't see anything there that refers to either a 'downgrade' or 'tonight' though. They are talking the long term outlook. Anything pointing to the specifics you mentioned about downgrading and tonight? |
Anonymous Coward (OP) User ID: 31910747 Canada 02/19/2013 08:43 AM Report Abusive Post Report Copyright Violation | Quoting: Anonymous Coward 31910747 ThanKS OP. Don't see anything there that refers to either a 'downgrade' or 'tonight' though. They are talking the long term outlook. Anything pointing to the specifics you mentioned about downgrading and tonight? Well that's the word on the financial ``street``... We'll see. |
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Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 08:54 AM Report Abusive Post Report Copyright Violation | It wont be a big deal. if all countries are downgraded so that AA or whatever becomes the highest that any country has, then that will be the new triple A. double A will be the new triple A. Its all relative. Quoting: Anonymous Coward 1546575 Except all pension funds are required to hold only AAA treasuries... lmao. so what happens when no country has AAA?? |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 08:58 AM Report Abusive Post Report Copyright Violation | Yes, our debt maturity profile is much longer than the USA so perhaps we have survived tll now because we don't have to roll-over so much debt. However, we are running an astonishing defecit which adds to the debt each year and our economy just is not growing. GBP = Screwed. USA, UK and Russia's economies have never really recovered after loosing the war to the Jews in 1945. B.S. USA economy went through the roof into orbit after WW2. They invested trillions in GOLD from the treasury during WW2 into manufacturing capacity and industry infrastructure. After WW2 this capacity was turned to civilian products such as passenger planes, cars, trucks, boats, and other goods. You reap what you sow. Borrowing loans from private banks at interest isnt going to do jack shit for the future of an economy. LMFAO at the stupidity of it all. |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 08:59 AM Report Abusive Post Report Copyright Violation | Yes, our debt maturity profile is much longer than the USA so perhaps we have survived tll now because we don't have to roll-over so much debt. However, we are running an astonishing defecit which adds to the debt each year and our economy just is not growing. GBP = Screwed. USA, UK and Russia's economies have never really recovered after loosing the war to the Jews in 1945. B.S. USA economy went through the roof into orbit after WW2. They invested trillions in GOLD from the treasury during WW2 into manufacturing capacity and industry infrastructure. After WW2 this capacity was turned to civilian products such as passenger planes, cars, trucks, boats, and other goods. You reap what you sow. Borrowing loans from private banks at interest isnt going to do jack shit for the future of an economy. LMFAO at the stupidity of it all. i say invested, i meant spent the GOLD. to build the factories. |
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