• Cool club becomes even more exclusive as France loses AAA credit rating from S&P amid mass Eurozone
    69 replies, posted
Yeah. Well my mom thinks im cool. :(
Canada is the biggest of the cool club that means we're the leader
[QUOTE=AWarGuy;34198750]I'll come, pay my flight ticket though.[/QUOTE] You dog cunt!
[QUOTE=Zeke129;34199325]Canada is the biggest of the cool club that means we're the leader[/QUOTE] No you're just the biggest because you're next to the US.
That's what happens when you bail out every bank in sight. America.
[QUOTE=Zeke129;34199325]Canada is the biggest of the cool club that means we're the leader[/QUOTE] There isn't a leader of the cool club. Cool people don't need leaders.
[B][h2]GODDAMNIT[/h2][/B]
[QUOTE=Vasili;34198135]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] We're seen as less likely to default on our interest payments, and therefore a secure investment for bonds.
[QUOTE=KILLTHIS;34196959]Still in the cool club.[/QUOTE] Heil Five, bro!
The way Australia is going with our shitty government I don't know how much longer we will keep our credit rating, especially with their economy destroying policies which will probably affect us long after they get voted out next election.
[QUOTE=Stronts;34199523]The way Australia is going with our shitty government I don't know how much longer we will keep our credit rating, especially with their economy destroying policies which will probably affect us long after they get voted out next election.[/QUOTE] Looking at the opposition, I don't think getting our government voted out will do anything. Hey canada and UK, how's it hanging?
America will now make a cool club and invite France to it! The club of excessive debt and fine wine.
Iceland looks like he's just been shunned by everyone.
And Australia's all sitting down there all like "WTF, mate?"
[QUOTE=erazor;34198043]Why are we still in there[/QUOTE] We are cutting the deficit with austerity measures etc, whereas France and the US are doing jackshit to repay their debt
Ah good France is out, now it doesn't matter if we come out, because they lost
[QUOTE=The freeman;34196856]For some reason I expect Australia to go from an AAA credit score to AA+[/QUOTE] Umm why [editline]14th January 2012[/editline] [QUOTE=Stronts;34199523]The way Australia is going with our shitty government I don't know how much longer we will keep our credit rating, especially with their economy destroying policies which will probably affect us long after they get voted out next election.[/QUOTE] Lmao suck abbotts cock more [sp]hes worse[/sp]
Turns out that France is still cool. [url]http://www.euronews.net/2011/11/11/sp-downgrades-france-by-mistake/[/url]
[QUOTE=The freeman;34196856]For some reason I expect Australia to go from an AAA credit score to AA+[/QUOTE] you've never even looked at the Australian economy, have you? We didn't go into recession in the 2008-9 crisis, we've maintained a low debt to GDP level and we're not seeing any signs of slowing down; rather the opposite. [QUOTE=Stronts;34199523]The way Australia is going with our shitty government I don't know how much longer we will keep our credit rating, especially with their economy destroying policies which will probably affect us long after they get voted out next election.[/QUOTE] They've got to spend money to keep the economy going, and the credit rating agencies take that into account. We spent a relatively low amount to ensure we kept out of a depression. In all honesty, I think that the Coalition wouldn't do a good job with the economy. I don't think Labor is improving in its economic handling either. Peter Costello was the best treasurer of the past two decades in my opinion.
the way i see it is if one of these countries collapses you cool club folks will follow suit. Just feel like reminding you guys or the U.S. will end up doing something to screw everyone over.
Cool club represent. Seems the Germanic folks are still up and running and also the better part of the commonwealth.
Oh no! Is Australia next?! [sp]The country's government debt to GDP is the lowest among OECD countries. The Australian government aims to run surpluses from 2012/13.[/sp] :v:
AustrAliA yeeee
Retarded-idiot from Eastern Europe club represent!
[QUOTE=ECrownofFire;34202309]Turns out that France is still cool. [url]http://www.euronews.net/2011/11/11/sp-downgrades-france-by-mistake/[/url][/QUOTE] Nope, it was in November that S&P made this "mistake" (11/11/11, according to your source). So, yeah, France's not cool anymore.
[QUOTE=Contag;34205566]Oh no! Is Australia next?! [sp]The country's government debt to GDP is the lowest among OECD countries. The Australian government aims to run surpluses from 2012/13.[/sp] :v:[/QUOTE] Didn't Australia actually get upgraded to AAA by one of the ratings agencies in the past few months?
Bailed out member of the cool troika club represent!
rating agencies, lol. They've never made sense and they became completely ridiculous after Lehman Brothers went poof, even though it had an AAA rating.
"HEY BRITAIN HEY YOU SHOULD HAVE YOUR CREDIT RATING LOWERED HEY EVERYBODY BRITAIN SHOULD BE DOWNGRADED, HEY HEY *choke*
[QUOTE=Sniping Robot;34205986]Didn't Australia actually get upgraded to AAA by one of the ratings agencies in the past few months?[/QUOTE] Seems Fitch upgraded Australia from AA+ to AAA to join the other two on/around the 29th November 2011. If anything, that's a good thing rather than a bad reflection on the country; in such turbulent times, we were being recognised as an economically stable country with a positive outlook and still are.
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