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" Moody's decision to change its rating outlook for Germany from stable to negative is a warning shot. "
" While the country has weathered the eurozone crisis rather well until now, its economy is likely to be
dragged into the crisis sooner rather than later. "
The Eurozone crisis is really starting to get scary. Not that it wasn't already. But my fears are getting worse and worse.
Things have looked like they were getting better for a little while many times, but that is always short-lived. When things start looking like they're getting worse again, it always looks even worse than before.
The Eurozone crisis is really starting to get scary. Not that it wasn't already. But my fears are getting worse and worse.
Things have looked like they were getting better for a little while many times, but that is always short-lived. When things start looking like they're getting worse again, it always looks even worse than before.
Exactly right.
They keep putting lipstick on a pig. All they have done is pour money down a rat hole.
Germany is looking at pushing folks retirement age to I think I read 69 now. Meanwhile Greece can retire at 58 and are living off the money tossed their way by Germany. I wouldn't be too happy if I were a German about now.
Yeah when they push the debt limit up here around labor day when it will be reached again and we are downgraded again and Obama will of course blame the ratings agencies like he did last time. What ever happened that investigation anyway? I recall the great orator sicked the DOJ on S&P.
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