Saturday, January 14, 2012

European Degradation

Friday the 13th

Spain AA- to A
bwahahahahahaha!!!!  The traders and managers who bought up Spanish paper earlier in the week (like Wednesday or Thursday) are not going to take a solid shit this weekend.....

France AAA to AA+
Face facts old girl... you're an old whore that knows a lot of good tricks and you found a new dress and some pancake makeup and got delusional about how attractive you were...  the jig is up, the news is out.  France does not have friends only interests.

Italy A to BBB+
That's from the "no shit, Sherlock??" file.  Italians.... trusted with money?  Seriously?  Might as well throw cash at the fuckin' Irish.

All the rest (Cyprus, Slovenia, Slovakia, Malta, etc.) - who really gives two shits?

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