Wednesday, December 14, 2011

The French AAA? - Euro Crisis


Telegraph Live - Euro: Reports on rumours from Twitter that France will lose its triple A rating, the French Government is in full spin mode in case this happens. This would be a disaster for the French President, it would make it harder for France to raise money on the markets, the French spin is that the same thing happened to the US, good try but one of the pillars of the Euro is France and its ability to fund the bailout package, if investors think that France just might in the future not be able to pay her debts then France is in trouble, the US is still an economic superpower, bowed but not on here knees, the French are the lapdogs of the Germans, nothing new there folks. The French left has made it clear it would have new talks on the new EU Treaty, thus the French President might very well lose next year, those EU fanatics, yes you Lib Dems, are you sure you want to tie yourself to that sinking boat.
 

No comments: