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UK loses AAA credit rating
Source BBC
Not the best of news.
However:-
1) Does Osbourn know what he's doing?
2) Who are Moody's to speak of our credit rating? What do they know? Have they a vested interest in downgrading us?
3) Is the slight downgrading really that important in the overall scheme of things?
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Cant think why they are so surprised.
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Administrator
Moodly's, only one of the 3 main credit rating agencies, is the only one that's downgraded the UK (so far), so to me, it's not the huge disaster our level-headed media is making out.
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