A MAN CHOOSES - A SLAVE OBEYS: Re: S&P strikes again as France, Spain, and others are involved in massive downgrade
Spain, which has experiences civil unrest recently due to a floundering economy and a skyrocketing unemployment rate, had its credit rating downgraded by Standard and Poor’s on Friday. (Wikipedia) …
According to Reuters:
Standard & Poor’s downgraded the credit ratings of nine euro zone…
I don’t disagree that the eurozone is ridden with classic examples of how to drive a country into the ground. However, S&P isn’t necessarily just being a responsible credit rater otherwise I think they would have downgraded the UK considering their debt to GDP is somewhere around 950%.
(Source: univisionnews, via 21st-century-classical-liberal)
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tunistar reblogged this from univisionnews and added:
http://protostar.e-monsite.com/pages/politics.html
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youseewhy reblogged this from univisionnews and added:
agencies profit off...while giving certain people forewarning so they can short sell.
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laliberty reblogged this from univisionnews and added:
“S&P strikes again”? How about “big government strikes again”? S&P is only responding to the runaway spending and debts...
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This was featured in #Politics
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