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S&P are trying to make up for being late last time back in 2008 by being prompt now, I still have a feeling there not.
The French elections just looked more interesting now. |
Meanwhile it is reported that bureaucrats have already watered down and softened up the so-called "fiscal pact" that with a loud fanafre was "decided" just in Decembre. No more debt-break in nation'S constitutions. No more automatism in penalising sanction against budegt offenders. No more independent monitoring of nations' fiscal desicipline. No more sanctions possible without other nations agreeing on them. No role for the EU court or the EU comission.
Nothing new at all. Hahahaha! But they are wondering why S&P downgrades them, eh, and the EFSF along with them, eh...??? When I'm in a grim mood, I have started to hope that Germany pays for it all indeed, and gets crushed. For if the German people let their political "elites" (oh what optimism in that term) get away with agreeing to this, I honestly think that Germany has become so dumb and stupid and careless a place with such an idiotic population living there that they really deserve to be abused and ripped off as much as possible and as heaven allows. It'S the same diabolic joy I get from that image that a little kid feels when building high towers with wooden blocks and then enjoys to tip it with a fingertip and see them collapsing. If you want to really mess up something, leave it to politicians. Or to the people. I have started to wonder if both really make a difference, for the one seems to be as stupid and unresponsive as the other. Maybe both deserve each other? |
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