ZenOps
12-17-2010, 10:42 PM
http://www.reuters.com/article/idUSN1713694320101217
Ow!
One notch per quarter would probably have been a little less drastic.
Has a nation that has not been under military takeover or plague ever been knocked down 5 notches at one time?
10-year bond now at 8.667%, will an Irish person will be able to pay even the interest on a half million+ per capita owing?
Ow!
One notch per quarter would probably have been a little less drastic.
Has a nation that has not been under military takeover or plague ever been knocked down 5 notches at one time?
10-year bond now at 8.667%, will an Irish person will be able to pay even the interest on a half million+ per capita owing?