Thursday, January 15, 2009

Prospect of downgrade for UK debt

Greek crisis deepens as S&P downgrades sovereign debt

Any thoughts on how realistic a downgrade of the UK's AAA rating might be? Given our sovereign debt position , huge exposure to financials and massive housing bubble it must be a possibility. Significant as even whispers of a downgrade would set off a massive further devaluation of our currency.

Posted by bellwether @ 11:32 AM (525 views)
Please complete the required fields.



One thought on “Prospect of downgrade for UK debt

  • the Euro days are numbered.Who is next on the downgrade list ? Ireland and Spain.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>