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Big rumors that the UK will be downgraded tonight

 
Anonymous Coward
User ID: 1546575
United Kingdom
02/19/2013 09:04 AM
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Re: Big rumors that the UK will be downgraded tonight
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".
Henry Ford
Anonymous Coward
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Germany
02/19/2013 09:05 AM
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Re: Big rumors that the UK will be downgraded tonight
[link to countryeconomy.com]
Anonymous Coward
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02/19/2013 09:12 AM
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Re: Big rumors that the UK will be downgraded tonight
 Quoting: Anonymous Coward 34725937


I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A.
insertfunnyusername

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Greece
02/19/2013 09:14 AM
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Re: Big rumors that the UK will be downgraded tonight
Currency/downgrade war is on again. 5a
Moody's downgraded S&P's parent company last week, lol.
[link to www.telegraph.co.uk]
Anonymous Coward
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Germany
02/19/2013 09:15 AM
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Re: Big rumors that the UK will be downgraded tonight
 Quoting: Anonymous Coward 34725937


I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A.
 Quoting: Anonymous Coward 1546575


...and the other countries with monarchs too.
Scandinavia, Netherlands...
Anonymous Coward
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02/19/2013 09:19 AM
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Re: Big rumors that the UK will be downgraded tonight
 Quoting: Anonymous Coward 34725937


I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A.
 Quoting: Anonymous Coward 1546575


...and the other countries with monarchs too.
Scandinavia, Netherlands...
 Quoting: Anonymous Coward 34725937


spock
Anonymous Coward
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02/19/2013 09:21 AM
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Re: Big rumors that the UK will be downgraded tonight
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.
 Quoting: Anonymous Coward 23992770


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
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02/19/2013 09:21 AM
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Re: Big rumors that the UK will be downgraded tonight
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...
 Quoting: Anonymous Coward 31910747


Why do you think the goverment wants to federalize the pension plans....
Anonymous Coward
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02/19/2013 09:24 AM
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Re: Big rumors that the UK will be downgraded tonight
 Quoting: Anonymous Coward 34725937


I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A.
 Quoting: Anonymous Coward 1546575


...and the other countries with monarchs too.
Scandinavia, Netherlands...
 Quoting: Anonymous Coward 34725937


spock
 Quoting: Anonymous Coward 1546575


i see another link. Countries with a Germanic language are triple A.
Anonymous Coward
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Germany
02/19/2013 09:25 AM
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Re: Big rumors that the UK will be downgraded tonight
...


I notice that the countries where HM Queen Elizabeth II, is head of state, are all triple A.
 Quoting: Anonymous Coward 1546575


...and the other countries with monarchs too.
Scandinavia, Netherlands...
 Quoting: Anonymous Coward 34725937


spock
 Quoting: Anonymous Coward 1546575


i see another link. Countries with a Germanic language are triple A.
 Quoting: Anonymous Coward 1546575


spock
Anonymous Coward
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United Kingdom
02/19/2013 09:27 AM
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Re: Big rumors that the UK will be downgraded tonight
This could trigger a big sell off.
 Quoting: Lady Jane Smith


Could be the first domino.
Anonymous Coward
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02/19/2013 09:29 AM
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Re: Big rumors that the UK will be downgraded tonight
so when are the muslims moving into the queens castle?

yoda
 Quoting: Anonymous Coward 34547676


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
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02/19/2013 09:29 AM
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Re: Big rumors that the UK will be downgraded tonight
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

putin
Anonymous Coward
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02/19/2013 09:29 AM
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Re: Big rumors that the UK will be downgraded tonight
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
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02/19/2013 09:30 AM
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Re: Big rumors that the UK will be downgraded tonight
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

putin
 Quoting: Anonymous Coward 30664251


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

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United States
02/19/2013 09:31 AM
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Re: Big rumors that the UK will be downgraded tonight
This could trigger a big sell off.
 Quoting: Lady Jane Smith


damned
if someone asks if you're a god, you say yes!
Anonymous Coward
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United Kingdom
02/19/2013 09:35 AM
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Re: Big rumors that the UK will be downgraded tonight
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
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United Kingdom
02/19/2013 09:36 AM
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Re: Big rumors that the UK will be downgraded tonight
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.
 Quoting: Anonymous Coward 19706474


we dont have to borrow. we have gold reserves.
davvi

User ID: 3677166
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02/19/2013 09:36 AM
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Re: Big rumors that the UK will be downgraded tonight
isnt the USA already downgraded from triple A?
 Quoting: Anonymous Coward 1546575


how pathetic...

no one can discuss britain without some british moron saying yes but the US is worse...

weduh
Anonymous Coward
User ID: 1546575
United Kingdom
02/19/2013 09:37 AM
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Re: Big rumors that the UK will be downgraded tonight
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.
 Quoting: Anonymous Coward 19706474


we dont have to borrow. we have gold reserves.
 Quoting: Anonymous Coward 1546575


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
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02/19/2013 09:37 AM
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Re: Big rumors that the UK will be downgraded tonight
The bloodletting will be extreme
Anonymous Coward
User ID: 30664251
United Kingdom
02/19/2013 09:38 AM
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Re: Big rumors that the UK will be downgraded tonight
OMG!
Will this make dental care in the UK more expensive?

1rof1
 Quoting: Professor Xavier


Not really but it will make the price of food and other items imported much more expensive.


humm...


ITS HAPPENING :D
Anonymous Coward
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United States
02/19/2013 09:38 AM
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Re: Big rumors that the UK will be downgraded tonight
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.
 Quoting: Anonymous Coward 30664251


Which is exactly what has been planned
Anonymous Coward
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United Kingdom
02/19/2013 09:40 AM
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Re: Big rumors that the UK will be downgraded tonight
isnt the USA already downgraded from triple A?
 Quoting: Anonymous Coward 1546575


how pathetic...

no one can discuss britain without some british moron saying yes but the US is worse...

:weduh:
 Quoting: davvi


ignore him, every country has its tards... They just haven't woken up to the fact that this includes the entire world.
davvi

User ID: 3677166
United States
02/19/2013 09:43 AM
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Re: Big rumors that the UK will be downgraded tonight
isnt the USA already downgraded from triple A?
 Quoting: Anonymous Coward 1546575


how pathetic...

no one can discuss britain without some british moron saying yes but the US is worse...

weduh
 Quoting: davvi


ignore him, every country has its tards... They just haven't woken up to the fact that this includes the entire world.
 Quoting: Anonymous Coward 30664251


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
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02/19/2013 09:44 AM
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Re: Big rumors that the UK will be downgraded tonight
This could trigger a big sell off.
 Quoting: Lady Jane Smith


damned
 Quoting: miked


Yep honestly, if this does happen, I'm pretty sure it will snowball a financial SHTF scenario in the markets in the next couple of days, which could lead to an absolute global meltdown.
Star God

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02/19/2013 09:44 AM
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Re: Big rumors that the UK will be downgraded tonight
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
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02/19/2013 09:45 AM
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Re: Big rumors that the UK will be downgraded tonight
isnt the USA already downgraded from triple A?
 Quoting: Anonymous Coward 1546575


how pathetic...

no one can discuss britain without some british moron saying yes but the US is worse...

weduh
 Quoting: davvi


cruise

Oh yeah? Well, your Prime Minister is a cracka with a birth certificate!

ohappy
 Quoting: Professor Xavier


this is where we are all headed, if we continue with the welfare/socialist state >>>>>>:yesobamaville:
Anonymous Coward
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United Kingdom
02/19/2013 09:46 AM
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Re: Big rumors that the UK will be downgraded tonight
Thread officially derailed by trolls.
Anonymous Coward
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02/19/2013 09:47 AM
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Re: Big rumors that the UK will be downgraded tonight
so will this finally start some DOOM?





GLP