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UK could lose coveted AAA rating, warns Fitch

 
USMC0369
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User ID: 6635968
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03/15/2012 08:12 AM
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UK could lose coveted AAA rating, warns Fitch
Fitch explicitly warned that “discretionary fiscal easing” - a relaxation of the Government’s austerity efforts - would likely prompt a rating downgrade




Link:
[link to www.telegraph.co.uk]
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alexisj9

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03/15/2012 08:28 AM
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Re: UK could lose coveted AAA rating, warns Fitch
Just great, so the PM choice is give everyone a hard time and keep the measures or you will have much more debt to pay. (cause the interest goes up if your downgraded) Which in turn gives everyone a hard time too.

He's caught by the short and curleys lol. Not a job I would want.

Think keeping the measures is the better option tbh.
Anonymous Coward
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03/15/2012 08:28 AM
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Re: UK could lose coveted AAA rating, warns Fitch
sounds more than reasonable.
[link to www.debtbombshell.com]


cool2
Anonymous Coward
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03/15/2012 08:29 AM
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Re: UK could lose coveted AAA rating, warns Fitch
We should have lost it ages ago.
alexisj9

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03/15/2012 08:32 AM
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Re: UK could lose coveted AAA rating, warns Fitch
We should have lost it ages ago.
 Quoting: Anonymous Coward 5550344


true unfortunately.
Anonymous Coward
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03/15/2012 08:35 AM
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Re: UK could lose coveted AAA rating, warns Fitch
essentially both moodys and fitch have stated that the uk is on the correct fiscal path and should not waver from this. i am pretty sure the uk govt doesnt need telling that

what the ratings agencies take issue with is lack of growth

tell you what - tell that to the eurozone leaders. if they hadnt fucked things up, we wouldnt be in such a mess. that, and the labour party legacy

there IS no growth to be had really. cant conjure it up just like that

they can FITCH OFF
Anonymous Coward
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03/15/2012 08:36 AM
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Re: UK could lose coveted AAA rating, warns Fitch
The UK is what... 950% debt to GDP??? And they've got a 2+ trillion GDP??

NO BIGGIE.... LOOOOOOOOOOL
Anonymous Coward
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03/15/2012 08:45 AM
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Re: UK could lose coveted AAA rating, warns Fitch
Fitch explicitly warned that “discretionary fiscal easing” - a relaxation of the Government’s austerity efforts - would likely prompt a rating downgrade


Link:
[link to www.telegraph.co.uk]
 Quoting: USMC0369


I wouldn't be surprised if the chancellor didn't give them a nudge, since this news removes any expectation that anything positive (like reducing the duty we pay on fuel)will come out of Aprils budget, we'll just get more of the same austere pain.
Anonymous Coward
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03/15/2012 08:54 AM
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Re: UK could lose coveted AAA rating, warns Fitch
It means nothing. The US lost its AAA rating and the markets hardly twitched.
Space_Ace

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03/15/2012 09:24 AM
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Re: UK could lose coveted AAA rating, warns Fitch
Pay no attention to the elite controlled "rating" agencies. The whole fiat debt bubble will burst and a new PM backed system will rise.
1. Mass arrests of elites are ongoing, so don't worry be happy!
2. Banker resignations are in the hundreds and at that rate, victory by May!
3. NESARA, disclosure, ascension are all possible this year, be open minded!
4. Robogirls that look/act human and artificial wombs will burst the misandry bubble and free men!
WTF Paco

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03/15/2012 09:37 AM
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Re: UK could lose coveted AAA rating, warns Fitch
bump
It's all about slim chances but a slim chance is better than none.
USMC0369  (OP)

User ID: 6635968
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03/15/2012 12:03 PM
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Re: UK could lose coveted AAA rating, warns Fitch
I wounder who will be next
“Once A Marine Always A Marine”





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