Moody's to downgrade UK?

[off2bed]

A few months ago, I speculated that Britain's credit rating could be downgraded like America's. One of you Brit Lit Loons scoffed rudely, but here 'tis.

Moody's warns that UK could face a downgrade as "formidable and rising challenges" such as the deficit increase since 2008 have eroded ability to absorb further fiscal shocks.

http://www.telegraph.co.uk/finance/...t-crisis-as-it-happened-December-20-2011.html

 

[Saint Peter]

"scoffed rudely"

 

[4est_4est_Gump]

What was it I read?



It will be a miracle if France isn't downgraded...

 

[unregistered]