Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Britain Faces Downgrade

Discussions about the economic and financial ramifications of PEAK OIL

Britain Faces Downgrade

Unread postby deMolay » Sun 31 Jan 2010, 00:01:10

S&P could downgrade the UK economy, comparing it to Chile or Portugal. A big slap in the face to Brown. Especially in the runup to the election. http://www.independent.co.uk/news/busin ... 82488.html
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
User avatar
deMolay
Intermediate Crude
Intermediate Crude
 
Posts: 2671
Joined: Sun 04 Sep 2005, 03:00:00

Re: Britain Faces Downgrade

Unread postby Ainan » Sun 31 Jan 2010, 08:34:42

Britain has been a third world nation for quite some time now, we just happened to inherit some half decent infrastructure from our first world ancestors. Our infrastructure is degrading and our standard of living will soon be adjusted in line with our third world status.
April 2008 Global Population: 6.8 billion
April 2010 Global Population: 7 billion
April 2012 Global Population: 7.2 billion
User avatar
Ainan
Tar Sands
Tar Sands
 
Posts: 599
Joined: Mon 18 Feb 2008, 04:00:00


Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 17 guests