Financial rating agency Moody’s has downgraded Greece’s credit rating to the lowest possible level. It’s the third credit agency to take Greece down a notch or two recently, raising the question - is a Greek meltdown inevitable?
Comments (8)
Sort by:
highest ratingoldest firstnewest first
Myfriendscallmetiny08.03.2012 10:21
#1 default and keep your precious few resources
#2 reinstate your own NON FIAT and NON INTEREST curren cy.
#3 round up all the banksters who made this possible and put their collective butts in PRISON.
#4 quite wasting time reading #4 and start with #1,2 and 3.
Greece should default. That domino effect would not occur. If it does we only have the imf, banksters and the west to blame. Common people over money. ows and 99% are for common people like you and me. The hell with the international and european monetary system. dahszil, male, usa
Three guilty parties here: 1. corrupt government, 2. greedy financial institutions and 3. easy going and easy spending thinking. Sorry Greece, the good old days are over. Welcome to austerity!!
As Greece credit rating decreased so also falls the value of its assets. These assets are used by the Banksters to assertain Greece propensity to repay its debt. Fine, However, the decresed value of the assets becomes very palitable to be purchased by international Capitalist at the decreased apparent value. The more one observe Greece economic dillema, it seems more of a set up.
Comments (8) Sort by: highest rating oldest first newest first
Myfriendscallmetiny 08.03.2012 10:21
Undo
Greece defaults 04.03.2012 11:41
Undo
dahszil 04.03.2012 07:19
Undo
Tan 04.03.2012 06:54
Undo
I don't think greece should 04.03.2012 03:45
Undo
Norman Hill 04.03.2012 03:18
Undo
The Beak 04.03.2012 03:08
Undo
claud3 03.03.2012 22:15
Undo
Add comment
By posting your comment, you agree to abide by our Posting rules
Log in to comment in full, or comment anonymously under character-limit restriction.