DID SOME BAD ECONOMIC THING HAPPEN?? “LONDON — The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody’s Investors Service said Monday.” Moody’s should stop being a dick and let us keep our AAA, is the thing. They spent years awarding AAA’s to every pool of rat-poop tent-colony junk mortgages that banks would throw their way… so yeah, by those standards, America probably does deserve like a C. Nevermind. [AP]
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{ 18 comments }
I would, however, expect Nigeria to have a solid AAA rating given the number of millionaires they have living there.
Best use of the Monopoly Guy…ever.
If they’re likely to see an “embarrassing downgrade of their top debt rating”, just imagine how awful their lower tier debt must be. Eeeee!
The repo man assigned to the USA is going to be one busy mofo.
Heavily regulating financial systems is for pussies
[re=530346]BarackMyWorld[/re]: I liked him better when he was Rich Uncle Pennybags. http://en.wikipedia.org/wiki/Rich_Uncle_Pennybags
triple-a’s not worth the paper it’s printed on. sort of just like dollars.
I am starting to think my fears of complete economic collapse and the onset of cannibal anarchy are exaggerated. Oh, the economic collapse is coming, but I don’t think our new Chinese overlords would allow that much damage to the value of their collateral.
Global economic collapse? Who cares…we’re finally gonna get those jet packs we’ve been waiting for!!
http://news.cnet.com/8301-17938_105-10466873-1.html
Such an easy fix! All we have to do is pay them for another rating.
They will re-evaluate our rating when we properly grease their palms.
[re=530380]Prommie[/re]: Well if the most recent Edwards-Hunter post is to be believed, the onset of cannibalism has already begun.
What? Oh, he was eating her out.
Never mind.
Soveriegn debt of the United States = Structured pool of third mortgages on abandoned buildings in Detroit.
Does this mean we have the Moody’s Blues?
[re=530359]Monsieur Grumpe[/re]: Repo Man tries to get INTO tense Uncle Pennybags.
[re=530380]Prommie[/re]: As some (pardon the oxymoron) economic wizard put it, “When you owe your banker a thousand pounds, you’re at his mercy; when you owe your banker a million pounds, he’s at yours.”
The irony here is that Germany’s refusal to take on more debt is seriously hindering economic recovery in Europe (and to a lesser extent here). But hey, they’ve got no inflation!
[re=530381]user-of-owls[/re]: Careful, the “who cares” made me think you were a certain spambot for a second.
Sadly, My boyfriend and I broke up a month ago. yeah.. i’m young ,beautiful,lonely and still hurting.i need someone to love …Who cares!!! My boyfriend thinks the same with me. He- is eight years older than me, lol. We met online at an age gap dating site- I EAT POOP , a nice and free place for Older Men, or Older Women to eat poop and Younger Men, to- interact with each other. is it wrong?
Ratings joints used to be too high, and now they’re too low. Just like the ratio between Rielle’s headboard and John Edwards’ face.
[re=530998]kaykel96[/re]: “is it wrong?”
I told you not to follow me in here. It’s over, bitch, over!
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