This week alone has seen a ratings downgrade for Spain as well as a threat by agencies to review France’s AAA status — and the markets have taken notice. Once again, it would seem, ratings agencies are making things difficult for European countries.
Now, the European Union is considering doing something about it.
Wednesday, October 26, 2011
Western European Problem Solving......................
This is hilarious, all the more so because the actors involved have absolutely no self-awareness of just how bad this looks