Friday, Feb 22, 2013

UK loses AAA

Buisness insider: MOODY'S STRIPS THE UK OF ITS AAA RATING

Self explanatory...another pressure on sterling?

Posted by enough @ 10:59 PM (436 views) Add Comment

1 Comment

1. libertas said...

The recent negative watch was enough, and the downgrade was already priced into the market, hence, falls prior to the announcement and, little move on the day, which, as said, had been preannounced for the insiders and today's fireworks were for the public.

Where the markets are jitterey is on the strong feelings that there will be a series of downgrades over the next five to ten years, as there is little Britain seems willing to do.
- No withdrawal of troops.
- No withdrawal from EU mandates driving socialism
- No attempts to truly deal with abuses of the NHS and welfare from EU immigrants
- No attempts to carry out the proper tax cuts that would drive investment and economy growth, conversely increasing tax take.

Rather, the Marxists involved are committed to steering us to destruction, because it suits their selfish personal power lust.

Monday, February 25, 2013 09:31PM Report Comment
 

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