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Spain Downgraded to just above junk status[^]
Doomed, Doomed, We are all Doomed I tells ye!
Rajoy et al will be hanging from lampposts before the end of the month!
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC Link[ ^]
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Dalek Dave wrote: Doomed, Doomed, We are all Doomed I tells ye!
Probably and not too far in the future, either. I'm predicting 21st December, this year...
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair.
nils illegitimus carborundum
me, me, me
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I shan't risk running up any big bills, just in case it is a re-run of the Y2K Bug!
(I made a tidy sum out of that scam period of genuine concern).
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC Link[ ^]
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Yes, the millennium was fun. I was off on vacation with the family and on call for the entire time. Of course, they never called me but were still quite happy to honor the timesheet. Cheapest trip I've ever had!
I never understood how people bought into it but there was an entire industry servicing a completely idiotic need and the more you told them nothing would happen, the more money they'd throw at it. Bizarre.
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair.
nils illegitimus carborundum
me, me, me
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it's becoming a habit central banks around the world since 2008
dev
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pffft... we beat them to it. They can't jump up and copy us for the credit now
If it moves, compile it
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Hey, someone to compete with at our (SA) ratings.
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Don't forget it's only their "opinion", like their "opinion" that it was a good idea (a triple-A idea, in fact) to give padded mortgages to people who would quite obviously never be able to pay them off.
I don't know why anyone even listens to the rating agencies, any more. They're wrong too often, and when they're wrong, they do a lot of damage (except to their pals with vested interests, I presume -- it's highly likely that these proclamations about countries are just to set things up for their buddies to rape money from hard-working people somewhere).
If they can document convincingly why a country, with millions of people paying taxes, should be downgraded to the gutter, whereas people with mortgages that they'll have to default on should get triple-A, then I might consider giving them some credence, again.
Until then, I ain't a'listenin' no more -- and nor should Spain, Greece, or whatever country is their whipping-boy/corporate-raid-target-of-the-month.
I wanna be a eunuchs developer! Pass me a bread knife!
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When do you think the police's paychecks will start bouncing? That's when the real sh*t will start.
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Also, looks like the protesters lost according to Godwin's Law.
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