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Re: EUEUEUEUEU's *bailout fund* gets downgraded to AA+ from AAA by S&P

Posted by SelkirkTMO on Mon Jan 16 18:21:40 2012, in response to Re: EUEUEUEUEU's *bailout fund* gets downgraded to AA+ from AAA by S&P, posted by ClearAspect on Mon Jan 16 18:17:56 2012.

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Pretty simple ... what that socialist Krugman warned of a couple of years ago about "austerity" is coming home to roost so visibly that even bankers are noticing the destructiveness of the "conservative agenda" ... at least here, our "conservatives" are too busy pissing on one another while over there, the destruction is in high gear.

The ratings agencies are demanding that they stop the stupid over there but Germany just pressed the pedal to the floor. That's why.

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