Greeсe downgraded to bottom rung as default looms

March 03, 2012 14:55

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?

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Comments (8) Sort by: highest rating oldest first newest first

Myfriendscallmetiny 08.03.2012 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.  

+2

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Greece defaults 04.03.2012 11:41

your country will be sold to the highest bidder.  Plain as that. 

+1

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dahszil 04.03.2012 07:19

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

+5

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Tan 04.03.2012 06:54

Dear Greeks.....Dont listen to IMF... they will enslave your entire nation. Just default , get out of EU and do your own tango.....

+11

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I don't think greece should 04.03.2012 03:45

default.  I Think they should work harder. 

0

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Norman Hill 04.03.2012 03:18

    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!!

0

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The Beak 04.03.2012 03:08

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.

+5

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claud3 03.03.2012 22:15

the horse shoe in the surprise present, its not money or a way out.
The right way is the hardest way. Default and rebuild your country  

+9

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