Big rumors that the UK will be downgraded tonight

isnt the USA already downgraded from triple A?

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.

Hey OP, you got any sources?

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.

Except all pension funds are required to hold only AAA treasuries...

yes

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.

UBS.

CARSH IS ON!!!

The bastards will just change the rules on pension funds holding government debt.

Can you post link please?

[link to www.businessinsider.com]

USA, UK and Russia's economies have never really recovered after loosing the war to the Jews in 1945.

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.

Economy-related doom?

So what? Nobody cares about the ratings agencies any more.

The markest hardly noticed when the US was downgraded.

Not sure I really credit this story with much substance, probably just another internet Chinese whisper type thing, but if I do recall correctly a trader put a huge bet on a massive downturn just a week or so ago.

lmao. so what happens when no country has AAA??

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.

S&P ? Hory Schon...

they spent the gold on infrastructure such as roads and rail as well.

You reap what you sow,.


But lets just keep the fake money as debt system going, keep blowing up that bubble. Keep the private bankers rich.
keep lying.

This could trigger a big sell off.

im going to hijack the thread to promote the truth. come on everyone. lets post money as debt and money masters documented on the thread. every little helps.

so when are the muslims moving into the queens castle?