Posted on 12/16/2011 12:43:14 PM PST by Qbert
French leaders have launched outspoken public attacks on Britain, calling for the UK to lose its AAA credit rating and comparing its economy with that of Greece.
Christian Noyer, the governor of the Bank of France, said that Britain faced larger national debts, higher inflation and slower growth than France.
François Baroin, the finance minister, said Britain was “marginalised” and faced “a very difficult economic situation” because of Coalition policies.
The blunt remarks are the latest sign of Anglo-French tension following David Cameron’s refusal last week to back a new European treaty drawn up in response to the eurozone crisis.
[Snip]
French policymakers were angered last week when Standard and Poor’s, a ratings agency, threatened to downgrade eurozone nations — including France — if leaders did not act urgently to address the single currency crisis.
But in an interview with Le Télégramme, a French regional newspaper, Mr Noyer said the downgrade did not appear “justified in regard to the economic fundamentals”.
“Otherwise, they should start by downgrading Britain which has more deficits, as much debt, more inflation, less growth than us and whose credit is collapsing,” he added.
[Snip]
Senior British sources said French leaders were so panicked by the prospect of losing their AAA credit rating that they were trying to spread confusion by undermining the economic reputations of other nations.
One government source said: “It’s so obvious what they are up to. They are in a completely different place to us. Where do you hide a tree? In a wood.”
David Ruffley, a Conservative member of the Treasury select committee, criticised the remarks. “This is another example of Gallic self-delusion on an epic scale,” he said. “They are tied to a currency that could become a basket case at any moment.”
(Excerpt) Read more at telegraph.co.uk ...
“You don’t frighten us, English pig dogs. Go and boil your bottoms, you sons of a silly person. I blow my nose at you, so-called “Arthur King,” you and all your silly English K-nig-hts. “
Hmm. A bit of nouveau-Vichy going on?
Mr Cameron,
Just move a tank in their general direction and they will surrender.
The British Bowman’s response from the Knight’s ranks, a historical; “Pluck Yew!!!”
So what else is new?
UK did the right thing..and France can go and bury its Commie Globalist head in the sand
The scariest thing in this whole EU bailout mess is that we have people in America...even some on FR...who want the same set up for America, via NAFTA and the North American Union.
Emulating the EU is nothing but moronic and Communist.
There is nothing communist about the countries merging. Did you think the 13 colonies joining together was commie globalist action? Napoleon almost accomplished this but the monarchs of europe did not want to lose power.
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