France loses it's AAA Credit Rating - Galt's Gulch

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France loses it's AAA Credit Rating

Posted by StarveTheBeast 13 years ago to Economics

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Frankly, no socialist country should be ALLOWED to have a AAA credit rating. Think about it.

SOURCE URL: http://www.telegraph.co.uk/finance/financialcrisis/9689457/France-stripped-of-prized-AAA-credit-rating-by-Moodys.html

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Posted by overmanwarrior 13 years ago

It's actually funny that they see shocked by this. LOL

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  Posted by StarveTheBeast 13 years ago
  
  Seriously, with the ability to devalue one's currency without consequence or recourse, what is the point of giving them a credit rating beyond "Double-D Junk"?
  
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    Posted by khalling 13 years ago
    
    how about a penny stock rating?
    
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