from the man bites dog pile: Greece upgraded

Discussion in 'Politics' started by L.K.Eder, Mar 13, 2012.

  1. L.K.Eder
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    L.K.Eder unbannable non-troll

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  2. Old Rocks
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    Old Rocks Diamond Member

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    That is good news. And another month of job gains here. Slow, but steady.
     
  3. Old Rocks
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    Old Rocks Diamond Member

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    Djia 13,177
     
  4. g5000
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    g5000 Diamond Member

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    December 11, 2009:
    January 29, 2010:


    September 15, 2010:

    Notice how the finance minister says a Greek default would lead to a Eurozone breakup. Therefore, there would be no default.


    Jump ahead to this week: ISDA declares Credit event in Greece; Default is official

    Eurozone crisis, what crisis? Greece contagion threat has passed - Public Service Europe


    Does anyone really believe that?

    Portugal's public debt is at 93% of GDP and its private debt is at 249%!

    And before the ink was even dry on the Brussels agreement, Spain announced it would set its budget deficit at 5.8% OF GDP, which is higher than the 4.4% it has just agreed to. Basically, Spain spit in Europe's eye.

    Spain's public debt is 68% of GDP, but its private debt is 227% of GDP. Spain is also suffering from 25% unemployment, with the under 25 age group suffering 50% unemployment.
     
    Last edited: Mar 13, 2012
  5. g5000
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    g5000 Diamond Member

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    Somehow...this is the Democrats' fault.

    And the CRA.
     
  6. Political Junky
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    Political Junky Gold Member

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    The NASDAQ is above 3,000 for the first time in ten years.
     
  7. Inthemiddle
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    Inthemiddle BANNED

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    Thank God for Bush.
     

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