Turns out letting a banker run your country is a bad idea
It could be a literal do nothing job, just drink margaritas an let the money roll in
Still they fuck it up and steal billions out of the tax payer’s pockets to cover their crimes
GeenActiefGeheugen on
This is going to be a problem. It’s an upcoming euro crisis on another level as with Greece.
Stabile_Feldmaus on
Iirc this is not the first time that France has that rating, so I wonder how the graph would look like on a larger time scale and what the reason was for previous lows.
No_Detail9259 on
A+
Blomsterhagens on
For context: A+ is the same rating as for Estonia, Belgium and Israel (from Fitch).
CastelPlage on
Things turned to shit once Chirac left office. Everything was better back then.
MateoSCE on
Oh wow, rating agencies are worth nothing. So, what’s new?
Greedy_End3168 on
I think he should rate us more besides they failed during the various crises
Justread-5057 on
I think this is a Russian or American bot.
ILikeYourMommaJokes on
Have we all realy forgotten how credit rating houses fueled and prolonged the last financial crisis with their questionable ratings?
Leandrys on
“A+ sous l’bus”, as we say…
Western_Contingent on
Even that seems too high for their current financial situation
ArmadilloMogul on
What happens if one EU county credit goes to Junk? Is it backed by the EU? Like in the USA, a state or city can issue debt or bonds but it is NOT, Guaranteed by the United States. Just curious.
tyger2020 on
This is the thing.
People constantly cheer about things that make no sense (i.e keeping retirement age the same) not thinking about how it just fucks their country over even more, and especially in the future.
The Western World (unfortunately) needs to make huge changes to retirement to survive and have good economies again.
Rabbitpyth on
True
blexta on
By all metrics other than market cap, this should be the same for the US.
17 commenti
Source:
[https://www.fitchratings.com/entity/france-80442195#ratings](https://www.fitchratings.com/entity/france-80442195#ratings)
Turns out letting a banker run your country is a bad idea
It could be a literal do nothing job, just drink margaritas an let the money roll in
Still they fuck it up and steal billions out of the tax payer’s pockets to cover their crimes
This is going to be a problem. It’s an upcoming euro crisis on another level as with Greece.
Iirc this is not the first time that France has that rating, so I wonder how the graph would look like on a larger time scale and what the reason was for previous lows.
A+
For context: A+ is the same rating as for Estonia, Belgium and Israel (from Fitch).
Things turned to shit once Chirac left office. Everything was better back then.
Oh wow, rating agencies are worth nothing. So, what’s new?
I think he should rate us more besides they failed during the various crises
I think this is a Russian or American bot.
Have we all realy forgotten how credit rating houses fueled and prolonged the last financial crisis with their questionable ratings?
“A+ sous l’bus”, as we say…
Even that seems too high for their current financial situation
What happens if one EU county credit goes to Junk? Is it backed by the EU? Like in the USA, a state or city can issue debt or bonds but it is NOT, Guaranteed by the United States. Just curious.
This is the thing.
People constantly cheer about things that make no sense (i.e keeping retirement age the same) not thinking about how it just fucks their country over even more, and especially in the future.
The Western World (unfortunately) needs to make huge changes to retirement to survive and have good economies again.
True
By all metrics other than market cap, this should be the same for the US.