Friday, October 7, 2011

More Downgrades.

Today, the news comes out that Spain has had its credit rating downgrades as the US and Italy had before it. Also, Belgium is on watch for this. Although I have not been in Spain (I wish I had been), I will be going to Belgium in about a month. This of course indicates to me that Belgium's credit rating will fall between the 24th and 28th of November. Watch out, Belgium.

Oh, Money.

4 comments:

thisjourneyofmylife said...

Can't you go to France or Germany? UK maybe?

N.W. Thomas said...

Germany, that would be a hoot. I can imagine Merkel's face. "In the midst of leading the way to bail out other countries, including Italy, Spain and Greece, Germany has lost its Aa2 credit rating, says Moody."

thisjourneyofmylife said...

Her good friend Sarko will galantly help them out, no harm done. Belgium on the other hand ... well, let's say we've used up practically all the goodwill of our friends.

N.W. Thomas said...

If France and Germany go down, Europe is sunk. Even more than it is now.