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The Curious Timing of the S&P Putting EU Nations on Watch for Possible Downgrade

Posted By admin On December 6, 2011 @ 4:19 am In Money Watch | Comments Disabled

Economic Policy Journal [1]
December 6, 2011

Standard & Poor’s has put 15 European Union nations on watch for a possible downgrade of their credit ratings, including Germany and France.

What convenient timing.

The heads of state of the EU members meet on December 9 to consider changing the EU treaty to bring about a more centrally planned European “fiscal union.” The S&P announcement provides further cover for the heads of state to agree to treaty changes. It’s all to save the EU, you see.

In truth, a bankruptcy of countries who can’t afford to pay their bills would be a good start to bringing sanity to EU nations. However, the banksters will have none of that. Led by German Chancellor Angela Merkel, the EU is about to create an even greater monster that is sure to eventually make a mess of freedom through out the eurozone.


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URLs in this post:

[1] Economic Policy Journal: http://www.economicpolicyjournal.com/2011/12/curious-timing-of-s-putting-eu-nations.html

[2] Moody’s Puts USA On Credit Downgrade Watch: http://www.prisonplanet.com/moodys-puts-usa-on-credit-downgrade-watch.html

[3] House to Consider Handing Over Internet Regulation to United Nations: http://www.prisonplanet.com/house-to-consider-handing-over-internet-regulation-to-united-nations.html

[4] Rich nations should ditch ‘unsustainable’ lifestyles: China’s Wen: http://www.prisonplanet.com/rich-nations-should-ditch-unsustainable-lifestyles-chinas-wen.html

[5] The “Central Banks’ Central Bank” says Bailouts Putting Nations at Risk, as Confirmed By Higher Credit Default Swap Spreads: http://www.prisonplanet.com/the-central-banks-central-bank-says-bailouts-putting-nations-at-risk-as-confirmed-by-higher-credit-default-swap-spreads.html

[6] Poor Nations Want Their Own “New World Order” From Copenhagen: http://www.prisonplanet.com/poor-nations-want-their-own-new-world-order-from-copenhagen.html

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