asperity Posted September 30, 2011 Report Share Posted September 30, 2011 12 months old but still relevant :wink: Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted October 2, 2011 Report Share Posted October 2, 2011 Very old, and it's actually worse than that, as it is global Quote Link to comment Share on other sites More sharing options...
asperity Posted October 2, 2011 Author Report Share Posted October 2, 2011 I did point out that it is 12 months old. But it is still relevant. As for it being global, how many countries globally are facing bankruptcy like Greece? A lot of developing countries are doing very nicely thank you? :wink: Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted October 3, 2011 Report Share Posted October 3, 2011 Think you will find America is not doing very well, much like the UK, perhaps worse as they no longer have a AAA rating Quote Link to comment Share on other sites More sharing options...
asperity Posted October 3, 2011 Author Report Share Posted October 3, 2011 I think I'll leave it there LtKije as you apparently have a problem seeing that the much beloved €uro is in its death throes :grin: Quote Link to comment Share on other sites More sharing options...
inky pete Posted October 3, 2011 Report Share Posted October 3, 2011 Think you will find America is not doing very well, much like the UK, perhaps worse as they no longer have a AAA rating The USA still seems to be doing significantly better than the majority of the eurozone! USA = AA+ Greece = CC Italy = A Ireland = BBB+ Portugal = BBB- Spain = AA Belgium = AA+ Quote Link to comment Share on other sites More sharing options...
Evil Sid Posted October 3, 2011 Report Share Posted October 3, 2011 Perhaps they should use duracell +,lasts longer Quote Link to comment Share on other sites More sharing options...
Dizzy Posted October 3, 2011 Report Share Posted October 3, 2011 ahhh but not as long as lithium ones Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted October 3, 2011 Report Share Posted October 3, 2011 I think you mist the Point inky, America the leader of the free world with a credit rating the same as Belgium, you might think that's nothing to worry about Quote Link to comment Share on other sites More sharing options...
observer Posted October 3, 2011 Report Share Posted October 3, 2011 Just for intererst - what's the credit rating of China?! Quote Link to comment Share on other sites More sharing options...
asperity Posted October 3, 2011 Author Report Share Posted October 3, 2011 I think you mist the Point inky, America the leader of the free world with a credit rating the same as Belgium, you might think that's nothing to worry about Mist???? America is huge, Belgium is tiny. Thats the mist you are getting lost in LtKije. America has vast natural resources it can fall back on whereas the likes of Belgium have next to nothing. Chew on that. :wink: Quote Link to comment Share on other sites More sharing options...
algy Posted October 4, 2011 Report Share Posted October 4, 2011 Just for intererst - what's the credit rating of China?! I would think, what ever they want it to be, obs. Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted October 4, 2011 Report Share Posted October 4, 2011 Not getting lost in anything, take alook at Americas dept and who owns that dept, You should be worried. Asp I think credit rating agencies take natural resources into account Quote Link to comment Share on other sites More sharing options...
observer Posted October 4, 2011 Report Share Posted October 4, 2011 Perhaps a more accurate picture would be knowing - who owes what to whom and how big their structural deficits are? Quote Link to comment Share on other sites More sharing options...
asperity Posted October 4, 2011 Author Report Share Posted October 4, 2011 Why should I be worried? :mellow: Quote Link to comment Share on other sites More sharing options...
Peter T Posted October 4, 2011 Report Share Posted October 4, 2011 The UK spends money they haven't got, but the clever people keep their crown jewels for when it gets tough. MAGGIE AND GORDON DIDN'T UNDERSTAND THAT. Quote Link to comment Share on other sites More sharing options...
observer Posted October 4, 2011 Report Share Posted October 4, 2011 Most advanced nations spend money they havn't got; and it's gone on throughout history. Quote Link to comment Share on other sites More sharing options...
asperity Posted October 4, 2011 Author Report Share Posted October 4, 2011 So there's no debt crisis then Obs. We can all stop panicking and sleep easy in our beds. Thanks for putting us all at ease. You should apply for the Blessed Vince Cable's job :wink: :wink: Quote Link to comment Share on other sites More sharing options...
observer Posted October 5, 2011 Report Share Posted October 5, 2011 Thought you didn't do "crisis" Asp?! It's a crisis of capitalism all right! Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted October 5, 2011 Report Share Posted October 5, 2011 I agree with Obs, that t is a crisis in the capitalist system. China has been buying America's debt. Sad that the head of the free world has most of it's national dept owed to a communist country. Quote Link to comment Share on other sites More sharing options...
observer Posted October 5, 2011 Report Share Posted October 5, 2011 State Capitalist rather than Communist Kije; and they play the game with more efficiency and guile than we do! Quote Link to comment Share on other sites More sharing options...
Peter T Posted October 5, 2011 Report Share Posted October 5, 2011 that's the problem with the House of Lords. In the days of olde, the Lords would support the good fight with their own men and money, but then you get the likes of obs who doesn't like the class system and wants the peasants to pay for everything!!! Quote Link to comment Share on other sites More sharing options...
observer Posted October 5, 2011 Report Share Posted October 5, 2011 Where on Earth did you dream up that nonesense? I know of no time in history where "the rich" have paid proportionally to their means, thus eradicating the wealth gap. And even where revolutions have occured, an elite has merely been replaced by a new elite. Quote Link to comment Share on other sites More sharing options...
asperity Posted October 5, 2011 Author Report Share Posted October 5, 2011 Except that isn't what Peter said. In fact he never referred to the wealth gap at all :rolleyes: Quote Link to comment Share on other sites More sharing options...
observer Posted October 6, 2011 Report Share Posted October 6, 2011 ..... and I've never advocated "the peasants paying for everything". :roll: Quote Link to comment Share on other sites More sharing options...
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