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Reply to: Portugal credit downgrade
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Previously on "Portugal credit downgrade"
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it's at 1.11 right now isn't it? nothing seems to have changed from what I can see
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It's done wonders for the euro.
I thought that 1.3400 might be reached, but one of my clients thinks that 1.2500 is possible. They might be right.
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They've only got a population of 11 million though. What worries me about the UK is its vast population. Oil isn't going to last forever, especially not ours. Doomed.
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Seeing as everyone’s an AAA++ or an AA+ and at the worst an AA-, I am beginning to believe that these ratings were set up by the same people who mark modern ‘A’ level and GCSE exams.
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Portugal credit downgrade
http://news.bbc.co.uk/1/hi/business/8584812.stm
Portugal's credit rating has been downgraded from AA to AA- by leading credit rating agency Fitch over concerns about its high levels of debt.
Don't worry though the UK has a triple A ++ rating.Tags: None
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