Telegraph: Reports that credit Agency S&P has warned France and Germany that they could lose their much valued AAA rating should the fail to agree a complete plan to solve the Eurozone Crisis. It can be argued folks that the idea that an agreement between either the full EU States or those 17 Countries that use the Euro can be reached by March is out there in the Twilight Zone, one can postulate that Ireland will need to have a Referendum, also it can be postulated that the States of the 17 might have a problem if it seen that Germany is running the economic show. That was one of the World War One aims of the Kaiser, how are the rest of the Eurozone Countries going to react with a German Gauleiter turns up and veto’s budgets passed by a Democratic Parliament. This might not be as easy as the Markets thinks folks.
Monday, December 05, 2011
France and Germany = S&P
Telegraph: Reports that credit Agency S&P has warned France and Germany that they could lose their much valued AAA rating should the fail to agree a complete plan to solve the Eurozone Crisis. It can be argued folks that the idea that an agreement between either the full EU States or those 17 Countries that use the Euro can be reached by March is out there in the Twilight Zone, one can postulate that Ireland will need to have a Referendum, also it can be postulated that the States of the 17 might have a problem if it seen that Germany is running the economic show. That was one of the World War One aims of the Kaiser, how are the rest of the Eurozone Countries going to react with a German Gauleiter turns up and veto’s budgets passed by a Democratic Parliament. This might not be as easy as the Markets thinks folks.
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