S&P Threatens to Downgrade Everyone, Donald Trump Still as Annoying as Ever
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The S&P threatened to downgrade basically all of Europe yesterday, while news is breaking this morning of further downgrade threats to the Euro bailout fund. So obviously the key move now for Europe is to just bundle up all of its various countries' debt into one big asset-backed security with Germany in the top tranche and Italy in the bottom one and then the S&P will be all "AAAA++++++ WOULD BUY AGAIN."
S&P Threatens to Downgrade Everyone, Donald Trump Still as Annoying as Ever
S&P Threatens to Downgrade Everyone, Donald…
S&P Threatens to Downgrade Everyone, Donald Trump Still as Annoying as Ever
The S&P threatened to downgrade basically all of Europe yesterday, while news is breaking this morning of further downgrade threats to the Euro bailout fund. So obviously the key move now for Europe is to just bundle up all of its various countries' debt into one big asset-backed security with Germany in the top tranche and Italy in the bottom one and then the S&P will be all "AAAA++++++ WOULD BUY AGAIN."