Ireland Loses AAA Rating at S&P on Deficit, Slump (user search)
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  Ireland Loses AAA Rating at S&P on Deficit, Slump (search mode)
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Author Topic: Ireland Loses AAA Rating at S&P on Deficit, Slump  (Read 4117 times)
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exnaderite
Junior Chimp
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Posts: 7,223
« on: April 01, 2009, 12:54:10 AM »
Quote from: jmfcst on March 31, 2009, 03:30:38 PM
if owed in its own currency, there is ZERO chance of a default.

Don't be so sure. In 1998 Russia defaulted on Ruble debt but not Dollar debt.

Quote from: Gravity is a Choice on March 31, 2009, 11:56:12 PM
None of this would be happening if the United Kingdom of Great Britain and Ireland existed, which it should've.

In case you haven't realized, the bankers have joked that the City of London is Reykjavik On the Thames.
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