Pending eurozone downgrade

#1
Who else is glued to the news hoping the fucking French get downgraded to send them into an even bigger hissy fit than when they were warned off. :)
 
#4
No panic. France is just being downgraded to a province of Germany... again. Thankfully this time it doesn't involve tanks.
 
#6
Watch the French 'buy' their way out of this.

May I recommend the brilliant book:

ONE THOUSAND YEARS OF ANNOYING THE FRENCH written by Stephen Clarke and selling for £8.99.

Arrssers, it is the best nine quid I have ever spent - brilliantly, bloody brilliant!
 
T

trowel

Guest
#7
Who else is glued to the news hoping the fucking French get downgraded to send them into an even bigger hissy fit than when they were warned off. :)
The creeping domino hyper recession whatever is getting closer to home. Lots of Brit money tied up in Frog property and business. This affects you. Oh shit NAAFI BAR. Grovelling apologies available on request.
 
#8
The creeping domino hyper recession whatever is getting closer to home. Lots of Brit money tied up in Frog property and business. This affects you. Oh shit NAAFI BAR. Grovelling apologies available on request.
Any true Brit will for a brief moment ignore any and all repercussions and simply indulge in watching the frogs get another spanking. And bloody well deserved too.
 

Wordsmith

LE
Book Reviewer
#9
The downgrade is reportedly being announced at 8pm tonight. Oh, how I'd like to have been a fly on the wall of Sarkozy's office.

By way of a bonus it also fucks over the EFSF which will have significantly fewer AAA rated countries to back it.

Wordsmith
 
#11
That's what they get for being a grass. :)
 
#13
The downgrade is reportedly being announced at 8pm tonight. Oh, how I'd like to have been a fly on the wall of Sarkozy's office.

By way of a bonus it also fucks over the EFSF which will have significantly fewer AAA rated countries to back it.

Wordsmith
The EFSF is nothing more than a state backed Ponzi scheme that's being engineered on a gargantuan scale.

Bit like Nu Labour making it law for the governments to have to fund the trade unions, just for the trade unions to then use the money to fund Nu Labour.. Fucking sucks
 
#16
Franz Pick referred to bonds in general as "certificates of guaranteed confiscation."

Today's Eurozone downgrades are just part of a wider pattern of sagging confidence in all sorts of paper promises that will include equities, derivatives, and, since the MF Global fiasco, commodities forward contracts as well.

It will affect the sovereign debt of the UK and the United States also.
 
#17
Any true Brit will for a brief moment ignore any and all repercussions and simply indulge in watching the frogs get another spanking. And bloody well deserved too.
Agreed. It gives me a nice tingly feeling! Especially after Sarkozy's comments regarding CMD's decision not to sacrifice the UK to save the French and German economy.

No doubt the short French one will some how try to blame Britain for this.
 
#18
I feel a bit sorry for them. I'm saying this in the pursuit of good karma. Anyway the last time I laughed at their discomfiture, we got lumbered with the bloody Olympics.
 
#19
Irrespective of possible financial repercussions, anyone who tells me that for one moment, just one brief moment they didn't snigger at the potential French meltdown, is telling porkies? Germany and France are allied against anyone who challenges their domination of the EU. Their cosy little cartel is not subject to negotiation by anyone, but it may change when Germany finds it's also having to subsidise their junior partner too! Which explains why they always try to kick us in the knackers whenever possible, because we are a thorn in their sides. Therefore, i reserve the right to my moment of (excuse the term) schadenfreude at the frogs expense. They would love it if the roles were reversed i'm sure!!
 
#20
Following an all night session, EU finance ministers have announced the following measures:-

1 Standard and Poors will become illegal under EU law from Monday, as they are a threat to democracy.

2 They'll be replaced by the EU Ratings INternational agEncy (EURINE) from Tuesday

3 EURINE will be running from Silvio Berlusconi's office as soon as his latest Viagra overdose wears off.

4 By the end of the week, Berlusconi will confirm that AAA status has been restored to France, Ireland, Portugal and Zimbabwe.

5 Further announcements will be made in due course, dependent on what Berlusconi is told to announce if he doesn't want the photos from his latest, St Trinians themed bunga bunga party to be posted to his wife.
 
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