Cool club becomes even more exclusive as France loses AAA credit rating from S&P amid mass Eurozone - Polidicks

[url]http://www.bbc.co.uk/news/business-16552623[/url] [quote=BBC News][b]France has confirmed that it has lost its top AAA credit rating from ratings agency Standard & Poor's.[/b] The move came after world stock markets fell on reports many eurozone governments are being downgraded. Rumours that S&P would deem the debts of up to 11 governments to be more risky sent London's FTSE 100 down 0.5% and Frankfurt's Dax 0.6%, while the Dow Jones in New York fell 0.8%. However, reports suggest Germany will not lose its AAA rating. Austria, like France, is also expected to lose its top AAA rating. Most other governments are on lower ratings already. S&P declined to comment, but an announcement is expected later. French Finance Minister Francois Baroin confirmed the news about his own country following emergency talks called by President Nicolas Sarkozy with the prime minister and other key ministers. "It's not good news, but it's not a catastrophe," Mr Baroin said. "It's not ratings agencies that decide French policy." France is being downgraded just one notch by S&P, to AA+. The country still has a top AAA rating from the other two main ratings agencies, Moody's and Fitch.[/quote] Remaining members of the cool club [img]http://upload.wikimedia.org/wikipedia/commons/thumb/3/3a/S%26P_AAA_ratings_map.svg/1000px-S%26P_AAA_ratings_map.svg.png[/img]

We're cool OP, we're so cool.

I don't feel cool. ... :(

And then, there was only Norway, Sweden, and Finland.

France lost again

[QUOTE=AtomicWaffle;34196739]I don't feel cool. ... :([/QUOTE] Sure last year's cool club meeting was a flop but this year will be better, more booze to go around with America and France out of the picture

For some reason I expect Australia to go from an AAA credit score to AA+

im moving to sweden to be cool no other reason matters anymore

Ha, still in the cool club! Scandinavia, wanna come chill? We got dope!

How need the Cool Club when you have the Nearly as Cool as Cool Club Club.

Still in the cool club.

Now only the cool cats are in the club! (and Austria)

~COOL CLUB EXCLUSIVE MEMBER~ just hide the bill from the 2012 games jesus christ

Cool club represent

Cool cool club AAA cool AAA AAA club club cool club.

[QUOTE=Nikota;34196828]And then, there was only Norway, Sweden, and Finland.[/QUOTE] Don't forget Iceland. They're cool.

Cool club, hell yeah [QUOTE=Scar;34196986]Now only the cool cats are in the club! (and Austria)[/QUOTE] What's that supposed to mean!!

Fuck economic speculation this is one of the factors of the current recession

Don't worry France! The French Canadians are still in the cool club. But don't worry they are thinking of splitting away so they will soon be in the uncool club.

[QUOTE=DrBreen;34197235]Fuck economic speculation this is one of the factors of the current recession[/QUOTE] Someone's jealous

omg thank you david cameron for keeping us triple a-ok!!!!!

Canada in the cool club. Yeahhh...

Yeah, still in the Cool Club.

[QUOTE=smurfy;34197263]Someone's jealous[/QUOTE] If anything you should be jealous of us. If our economy dies so does the entire world economy. We made ourselves too big to [be allowed to] fail/ :usa:

Oh man the French must be really pissed at us. Lets all go to the channel and shout abuse at them for being French.

COOL CLUB NO AMERICA AND FRANCE ALLOWED

Why are we still in there

[QUOTE=erazor;34198043]Why are we still in there[/QUOTE] Because we use the pound compared to the failing Euro? I'm not really sure, maybe France had far worse debt compared to Britain while we were shown to be able to pay off our debt.

[QUOTE=Sir Whoopsalot;34196904]Ha, still in the cool club! Scandinavia, wanna come chill? We got dope![/QUOTE] I'll come, pay my flight ticket though.

I feel cool, literally, its a nice and cool -4C here right now