Article

2011-06-15 Europe

Greece given world's lowest credit rating

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Posted by Fred 2011-06-15 00:00|| || Front Page|| [11132 views ] Top

#1 something's fishy in Denmark.... Greece has a lower credit rating than Haiti?

Posted by 746 2011-06-15 00:08|| 2011-06-15 00:08|| Front Page Top

#2 That makes the US..... where? Do we throw tires over our heads and light them now?

Posted by newc 2011-06-15 01:05|| 2011-06-15 01:05|| Front Page Top

#3 What about Zimbob? What did they do right?

Posted by Alaska Paul 2011-06-15 01:51|| 2011-06-15 01:51|| Front Page Top

#4 #1 Well Greece owes a lot more than Haiti (also Greeks are, you know, white)

Posted by g(r)omgoru 2011-06-15 02:00|| 2011-06-15 02:00|| Front Page Top

#5 Hey those ratings agencies are quick of the mark...

Posted by Bright Pebbles 2011-06-15 07:59|| 2011-06-15 07:59|| Front Page Top

#6 You aren't given a credit rating, you earn it. And Greece has.

Posted by Nimble Spemble 2011-06-15 08:06|| 2011-06-15 08:06|| Front Page Top

#7 I was trying to say that it's a bit late now...

If you'd listened to people on-line who aren't Keynesian morons you could avoided losing lots of money.

Posted by Bright Pebbles 2011-06-15 08:50|| 2011-06-15 08:50|| Front Page Top

#8 to people on-line who aren't Keynesian morons

Hah?

Posted by g(r)omgoru 2011-06-15 16:40|| 2011-06-15 16:40|| Front Page Top

#9 to people on-line who aren't Keynesian morons

Hah? Google yields over 3 million hits for that term.

Posted by Anguper Hupomosing9418 2011-06-15 18:27|| 2011-06-15 18:27|| Front Page Top

#10 A keynesian is basically someone who thinks all the worlds economic problems can be solved by increasing the amount the state borrows to spend on the whims of bureaucrats.

Posted by Bright Pebbles 2011-06-15 19:06|| 2011-06-15 19:06|| Front Page Top

#11 Although Keynes wasn't a Keynsian by the modern use of that term.

Keynes basically argued government spending should be counter-cyclical. Which means running surpluses in the good times and spending the surplus during recessions.

Posted by phil_b 2011-06-15 21:31|| 2011-06-15 21:31|| Front Page Top

#12 Our so-called leaders (of both parties) seem to have missed the "surplus" part, phil. :-(

Posted by Barbara 2011-06-15 22:21|| 2011-06-15 22:21|| Front Page Top

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