Posted on 06/25/2016 10:31:25 PM PDT by Enlightened1
Credit rating agency Moody's has lowered Britain's credit outlook to 'negative' from 'stable' in the wake of the country voting to leave the European Union.
Following the Brexit vote, it said Britain's economic growth will be weaker and warned the public finances will be weaker than previously forecast, meaning it will be harder to cut the deficit.
A negative outlook means there is a greater danger of a country being downgraded.
It is three years since Moody's cut Britain's AAA rating. It currently has the UK on AA+, the second highest rating.
It said: 'During the several years in which the UK will have to renegotiate its trade relations with the EU, Moody's expects heightened uncertainty, diminished confidence and lower spending and investment to result in weaker growth.
'Over the longer term, should the UK not be able to secure a favorable alternative trade arrangement with the EU and other countries, the UK's growth prospects would be materially weaker than currently expected.'
(Excerpt) Read more at dailymail.co.uk ...
UK print their own currency just like the US, so why should they ever go negative
Yeah, makes no sense.
Let’s hope that the people of England woke up in time to save their country. The people of other European countries will follow suit. It’s become clear what the EU was really all about.
I have been reluctant to buy into all the Bilderburger-Illuminati conspiracy stuff, but the gutsy English have exposed a real line in that way. Progressive? Progressive in 2016 Hasn’t changed much since Wilson’s Progressives of 1916. It is a pity that Jonah Goldberg’s “Liberal Fascism” ... That Goldberg can’t see that Trump is a bulwark against all that he talked about in his book, and his nevertrump foolishness leads us to the place he was warning about.
That video is a must see to fully understand what a mess the EU really is.
You are the author of https://www.youtube.com/watch?v=UTMxfAkxfQ0 ??
1,875,114 views!
Congratulations!
Lol! Nope. I did not make it.
I youtubed it. Meaning I looked it up on youtube.
Just like when someone googles something. They merely looked something up on google.
Now if I had authored Google, that would be something else. :)
I youtubed it. Meaning I looked it up on youtube.
Well, you got me to google it and post the link.
So, that's worth something.
The ink is barely dry on the vote count but the NWO counter-attack begins.
Time to buy into Britain’s market. As I understand it, Britain transfers about a Trillion dollars (pounds) into the EU each year to prop up the troubled countries. Now that money will stay home.
The Obamists didn’t waste a moment. All the pressure they put on Moody’s a few years ago is paying off.
Oops, bad info from the t.v.
Officially it is about 12 billion pounds of net outflow to the E.U. But that is still a pretty big number for them. The unofficial amount of transfers and loans may be a bit higher.
That’s okay. Just keep your eye on the ball, Britons. You’re going to have to field attacks from the NWO tyranny, but freedom is worth it.
Ditto for the United States. It’s going to be painful; mighty painful to right this ship. But it can and should be done.
I believe that is an S+P rating not a Moodys .Do these journalists not research anything. And if it is downgraded to AA+ it will join USA which has the same rating as well as the EU. If my memory is correct France and Belgium have a lower rating of AA along with our much touted China. If I am wrong I hope some knowledgeable Freeper will help me.
Everyone have a great day..
yeah, the same Moody’s that gave a thumbs up to all those derivative products that tanked our market just before Valerie’s man child seized power?
that moody’s?
We simply have a choice. One of two roads. One is the path to continued obedience and submission to the elites, multinational corporations, information technology oligarchs and the political class or we can go the path of freedom--a growing middle class, small businesses and large businesses existing and thriving simultaneously, the internet as a SERVICE and not a master, and a political class that works for a living instead of dictating.
The second path is best. The second path involves adherence to the Constitution: three branches of government in good tension, states that can make their own rules for their populations, and people who are free to earn and keep their own money.
Religious convictions are respected and lives are protected. People of all races and creeds are unshackled from a central bureaucracy. And what bureaucracy exists is only there to help enforce rules expressly passed by a Congress--not "deemed" to be necessary by an executive or a judge or an appointee who has not been elected.
Good point. All the anti-Brexit fearmongering would be a little more plausible if the elites could point at Switzerland as an example of how countries fare when they refuse to join the EU.
The UK will do just fine.
What I hope to see happen is a domino effect, with the EU eventually being dismantled, and every country is freed to negotiate and trade with its neighbors as equals... the way it used to be. There is absolutely no need for the unelected dictatorial bureaucracy that is the EU to exist.
...../sarc & >>eyes roll<<
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