Friday, June 08, 2012

Spanish CREDIT Downgraded - Fitch

Guardian: Reports that the Fitch Credit Agency has downgraded Spain’s credit rating, to just above junk status, the article notes the following, “ moved the eurozone's fourth-biggest economy a step closer to an international financial bailout. ”.

Lets Get Real:

The Spanish Government should swallow its pride and ask for an immediate loan folks, it is reported over the last few days that Spain might need three hundred billion euros, one of the biggest bailouts ever, well if its going to happen then Spain should ask before it is to late. If Spain takes the Euro down with it the entire EU could be at risk. GROW UP SPAIN, get your begging bowl out, and be quick about it, we have no time for ego, only rich people with money can have a ego, and Spain your broke.

No comments: