14 Responses to Standard & Poor’s warns 15 Eurozone nations of potential downgrades

  1. Good Luck says:

    I beleive we saw the start of something (economic crash) begun on Monday Nov, 28th. My guess is that we’ll see Euro crash before the end of this year.. The US stock market is experiencing a false sense of “Everything’s OK”, as Merckle and the other clowns tap dance across the BS stage, like the planters peanut guy, for all the world to see. They are merely distracting everybody from what’s likely going on. Party will end pretty soon, and then the US will follow.

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  2. CBS says:

    Credit Agencies = Parasites. The are like someone who pretends to be your friend but only wants to destroy you. They should be removed for the good of the planet

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  3. Gen says:

    More from Satyajit Das. Doesn’t sound like there is a real solution.

    http://www.abc.net.au/unleashed/3711780.html?section=business

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  4. noah says:

    so what does this mean for my euros?

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  5. luisport says:

    zerohedge zerohedge
    Chinese President Hu Jintao urges China’s navy to prepare for military combat and advance naval modernisation to safeguard world peace AFP
    há 22 minutos » zerohedge zerohedge
    China president Hu orders Navy ready for combat–AFP
    há 25 minutos »

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  6. luisport says:

    S&P Puts EFSF’s Critical AAA Rating On Downgrade Review, Can Cut By Up To Two Notches http://twitter.com/zerohedge

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  7. Dennis E. says:

    In an off post posting, but relates to the economic issues we are facing and could face.
    I just read an article from ABC news that in rural America suicides are on the increase. it does say that normally suicides in rural areas are higher than urban areas.
    Suicides are noteably on the increase due to cutbacks in medicare benefits,unemployment,the recession, skipping doctor visits,etc…. according to mental health professionals in Idaho, Wyoming and New Mexico. According to an Idaho sheriff in one county, they are getting more suicide calls this year than 2010.
    Another reason listed is cut backs in available mental health resourses.
    This report is listed under news.yahoo.com/rural-suicides-medicaid cuts-204257613.html?fb_act where more information is listed.

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    • radiogirl says:

      Dennis ..thank you for posting this .I’ll pass this on to my friday prayer group.Those ladies do alot for our rural area and these folks out here need it.You have highlighted a situation where people can help.A local food bank is a great place to pass along some Christmas comfort.

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    • Irene C says:

      Thank you for the information Dennis E. I believe a lot of it could be the hopelessness of unemployment/underemployment, mounting debt, home foreclosures. People are trying to stretch every penny they have just to feed their families. Children who normally would be watching and waiting for Christmas presents will find empty trees, if any trees at all. Unfortunately, depression sets in and people find themselves unable to think things through. Anyone who has ever struggled with depression will understand. As rough as times are, suicide is never an answer and families end up in worse shape than before.

      Now is the time to cling to the Lord. Now is also the time to reach out to family and friends, to bring comfort to those who are despairing, help to those who need help. Drop off a gift card to a grocery store or gas station anonymously. (Some people don’t want help because they want to take care of themselves.) Or just be a friend and listen.

      Rural areas are beautiful to live in, quiet and peaceful. But during troubling times, they are also lonely and isolated. We need to look out for each other, because the government surely isn’t going to look out for us.

      Maranatha

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  8. Gen says:

    S&P downgraded Australia’s top four banks a few days ago. Now there is repercussion. The banks are running scared and have not yet passed down the quarter percent interest rate drop announced by the Reserve Bank. Now Treasurer, Wayne Swan tells people to take their loans elsewhere.

    24 days to 2012 (depending on where you are).

    http://www.abc.net.au/news/2011-12-07/wayne-swan/3717966

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