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Friday, November 27 2009 |
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- U.K. is most at risk among large developed economies of losing its AAA rating, Fitch says, while maintaining its stable rating which it said "reflects our expectation that the U.K. government will articulate a stronger fiscal consolidation program next year." In response, U.K. Trade Minister Mervyn Davies insists Britain's sovereign rating is "absolutely" safe, and said the government's "been very clear that over the next four years there's going to be a program to reduce the public debt level."
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This news story has 4 comments:
As in the US, they promise us they will have a program....
So, What's the program?
GB? USA?
I wouldn't let an employee getaway with, "I promise you Doc...I gotta' program to clean up this mess I made...and when I think the time is right, I'll tell you."
Is there a way that we could demand an answer from our politicians? I can see Geithner and the bankster oligarchs sitting around in the evening...imagine the last scene in Boston Legal...
Oligarch: Can you tell me what you have on your mind re managing the debt?
Geithner: Nope!
Oligarch: (What does the oligarch say?