Big rumors that the UK will be downgraded tonight | |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 34725937 Germany 02/19/2013 09:05 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:12 AM Report Abusive Post Report Copyright Violation | |
insertfunnyusername User ID: 33954516 Greece 02/19/2013 09:14 AM Report Abusive Post Report Copyright Violation | Currency/downgrade war is on again. Moody's downgraded S&P's parent company last week, lol. [link to www.telegraph.co.uk] |
Anonymous Coward User ID: 34725937 Germany 02/19/2013 09:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 34379378 United Kingdom 02/19/2013 09:21 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. London is one of the most important banking cities in the world. When the dominoes fall london will be either at the epicentre or one of the first dominoes. This country produces hardly anything anymore which is going to be a huge fucking problem after a collapse when the rest of the world no longer trusts a fucking thing london says, does or promises in the future. London as a financial centre will get some of the blame when the system collapses. Wont suprise me if the NY Stock exchange and parts of world financial system in london are set upon by angry mobs who try to burn them down once the collapse happens. |
Anonymous Coward User ID: 33730618 United States 02/19/2013 09:21 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... Why do you think the goverment wants to federalize the pension plans.... |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:24 AM Report Abusive Post Report Copyright Violation | I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A. ...and the other countries with monarchs too. Scandinavia, Netherlands... i see another link. Countries with a Germanic language are triple A. |
Anonymous Coward User ID: 34725937 Germany 02/19/2013 09:25 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 1546575 I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A. ...and the other countries with monarchs too. Scandinavia, Netherlands... i see another link. Countries with a Germanic language are triple A. |
Anonymous Coward User ID: 34379378 United Kingdom 02/19/2013 09:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 34379378 United Kingdom 02/19/2013 09:29 AM Report Abusive Post Report Copyright Violation | They'll just blame them like germany blamed the jews and the homos or whoever. Fact is the real culprit is the fiat financial system. Governments, political parties, workers and banks are all at its mercy. System needs a reform. Otherwise currency war will lead to real war. |
Anonymous Coward User ID: 30664251 United Kingdom 02/19/2013 09:29 AM Report Abusive Post Report Copyright Violation | This is actually seen as a good thing, exported goods from UK will be cheaper, this will create the much needed growth, the bad part is inflation in the UK will go up much faster... But if every country devalued its currency, and played fairly, we would have nothing to really worry about, as that would also make goods being imported cheaper, and then suddenly everyone has more money than they can spend again. Then the cycle repeats |
Anonymous Coward User ID: 19706474 United Kingdom 02/19/2013 09:29 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 That' isn't the point with who it compares too......... Borrowing becomes more expensive, and interest rates rise, it's the worst news possible if true. It will stifle recovery. |
Anonymous Coward User ID: 19706474 United Kingdom 02/19/2013 09:30 AM Report Abusive Post Report Copyright Violation | This is actually seen as a good thing, exported goods from UK will be cheaper, this will create the much needed growth, the bad part is inflation in the UK will go up much faster... Quoting: Anonymous Coward 30664251 But if every country devalued its currency, and played fairly, we would have nothing to really worry about, as that would also make goods being imported cheaper, and then suddenly everyone has more money than they can spend again. Then the cycle repeats You forget the Govenrment Debt ... that ultimately affects EVERYONE on the planet It makes it more expensive for the government to borrow money therefore we all take a hit. |
miked User ID: 20154003 United States 02/19/2013 09:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 30664251 United Kingdom 02/19/2013 09:35 AM Report Abusive Post Report Copyright Violation | What you folks have to understand is, this is a necessary evil in order to avoid a humanitarian apocalypse... The debt bubble is the only thing which keeps the human population bubble from popping, when the debt bubble pops, and so will the population bubble. That would result in hundreds of millions of deaths world wide, and that's no joke. Even the best preppers could die as a result of an economic collapse due to the social unrest. |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:36 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 That' isn't the point with who it compares too......... Borrowing becomes more expensive, and interest rates rise, it's the worst news possible if true. It will stifle recovery. we dont have to borrow. we have gold reserves. |
davvi User ID: 3677166 United States 02/19/2013 09:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:37 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 That' isn't the point with who it compares too......... Borrowing becomes more expensive, and interest rates rise, it's the worst news possible if true. It will stifle recovery. we dont have to borrow. we have gold reserves. And if i was in charge, i would use some of the trillions in gold reserves to build a gold mine. so as i dont run out of gold in the long term. |
Anonymous Coward User ID: 25801142 United States 02/19/2013 09:37 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 30664251 United Kingdom 02/19/2013 09:38 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25801142 United States 02/19/2013 09:38 AM Report Abusive Post Report Copyright Violation | What you folks have to understand is, this is a necessary evil in order to avoid a humanitarian apocalypse... Quoting: Anonymous Coward 30664251 The debt bubble is the only thing which keeps the human population bubble from popping, when the debt bubble pops, and so will the population bubble. That would result in hundreds of millions of deaths world wide, and that's no joke. Even the best preppers could die as a result of an economic collapse due to the social unrest. Which is exactly what has been planned |
Anonymous Coward User ID: 30664251 United Kingdom 02/19/2013 09:40 AM Report Abusive Post Report Copyright Violation | |
davvi User ID: 3677166 United States 02/19/2013 09:43 AM Report Abusive Post Report Copyright Violation | how pathetic... no one can discuss britain without some british moron saying yes but the US is worse... ignore him, every country has its tards... They just haven't woken up to the fact that this includes the entire world. what he seems to miss is that we are all in this mess together and the only way out is for westerners to stick together. |
Anonymous Coward User ID: 34259961 United Kingdom 02/19/2013 09:44 AM Report Abusive Post Report Copyright Violation | |
Star God User ID: 18056169 United Kingdom 02/19/2013 09:44 AM Report Abusive Post Report Copyright Violation | when you give shit to a god ,you get the shit as a return.best thing yet to come. Last Edited by Star God on 02/19/2013 09:45 AM |
davvi User ID: 3677166 United States 02/19/2013 09:45 AM Report Abusive Post Report Copyright Violation | how pathetic... no one can discuss britain without some british moron saying yes but the US is worse... Oh yeah? Well, your Prime Minister is a cracka with a birth certificate! this is where we are all headed, if we continue with the welfare/socialist state >>>>>>:yesobamaville: |
Anonymous Coward User ID: 1546575 United Kingdom 02/19/2013 09:46 AM Report Abusive Post Report Copyright Violation | |
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