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.


James Higham said...

With no one left with a AAA, they'll see that as the green light for the new federalist financial model.

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