Discussion in 'Politics' started by L.K.Eder, Mar 13, 2012.
Fitch ratings agency upgrades Greece - CBS News
That is good news. And another month of job gains here. Slow, but steady.
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.
Somehow...this is the Democrats' fault.
And the CRA.
The NASDAQ is above 3,000 for the first time in ten years.
Thank God for Bush.
Separate names with a comma.