Realistbear Posted January 14, 2011 Share Posted January 14, 2011 http://uk.finance.yahoo.com/news/Fitch-cuts-Greek-rating-junk-reuters_molt-3055201914.html?x=0 17:44, Friday 14 January 2011 ATHENS ( Reuters ) - Fitch cut Greece's credit rating to junk on Friday, highlighting persisting doubts over the country's ability to pull itself out of a severe debt crisis that has shaken the euro zone. Shaken but not yet stirred. Euro is still soaring. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted January 14, 2011 Share Posted January 14, 2011 "now" junk? Don't tell me I'm living a groundhog day? How did Bill Murray get out? Quote Link to comment Share on other sites More sharing options...
Snugglybear Posted January 14, 2011 Share Posted January 14, 2011 "now" junk? Don't tell me I'm living a groundhog day? How did Bill Murray get out? As I recall he had to be nice to people. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 14, 2011 Share Posted January 14, 2011 So how long before the Greeks default? Out of interest how many nations are at junk status? Quote Link to comment Share on other sites More sharing options...
General Congreve Posted January 14, 2011 Share Posted January 14, 2011 (edited) http://uk.finance.yahoo.com/news/Fitch-cuts-Greek-rating-junk-reuters_molt-3055201914.html?x=0 17:44, Friday 14 January 2011 ATHENS ( Reuters ) - Fitch cut Greece's credit rating to junk on Friday, highlighting persisting doubts over the country's ability to pull itself out of a severe debt crisis that has shaken the euro zone. Shaken but not yet stirred. Euro is still soaring. Of course the Euro soaring, Portugal and Spain's were a roaring success. Everything is fine. In all seriousness though, when was the last time you saw the BBC present news on the supposed success of a bond auction (that everything was hanging on - until next time in a few weeks)? Personally I have never seen this happen before and it is a strong indicator of the gravity of the situation. Edited January 14, 2011 by General Congreve Quote Link to comment Share on other sites More sharing options...
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