Warum gibt es etwas und nicht nichts? (Why is there something rather than nothing?) - Leibniz
Monday, December 12, 2011
Down with France, says Chinese rating agency
Dagong has re-rated France's debt from AA- to A+ on 8th December. This anticipates the Reuters report that France can expect to lose her AAA rating next year, and goes much further than the view of some commentators in the latter article that perhaps the rating should drop to AA.