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The debt crisis


asperity
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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: :wink: :wink:

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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 :D :grin: :D

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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+

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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 :shock:

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: :wink:

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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: :wink: :wink:

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