Dave said "No plan "B"

[good40]

Oh deary me a few ruffled feathers & ego's here..
Judge me by the AAA" ?

"AAA is the line in the sand"

"No Plan B"
C'mon you scholars lets here the excuse's ?
George will stay...if George goes the Dave will have to follow.
No Doubt it will be Dave who will be leaving shortly to the back benches Lol!!!

OH & FOR the pedants oops lets have aredline shall we keep them all on subject eh!

[Scuffers]

be honest here, who actually cares outside of the politics/press about the so called AAA rating?

it will make zero difference to what we borrow at, as the markets want bonds, and who else are they going to go to that's got zero chance of defaulting?

[good40]

You know Scuffers it is George who has put great credence to the Rubbish AAA ratings.
he said
" Judge me by the AAA rating"
AAA is the line in the sand"
AAA is the difference to us & the euro country's"

Georges feelings Scuffers not mine .

[williamp]

it happends, the Eurozone is still in recession:

http://www.bbc.co.uk/news/business-21464156

and balls said, after being asked several times, that his approach would have meant more borrowing, which would have meant a downgrade earlier. Moody's did say that the UK will regain its credit rating shortly.

http://www.bbc.co.uk/news/uk-21557272

Sorry, but the world isnt in a very good place at the moment, and there are no easy answers so its going to hurt for a while now

[davepoth]

good40 said:

You know Scuffers it is George who has put great credence to the Rubbish AAA ratings.
he said
" Judge me by the AAA rating"
AAA is the line in the sand"
AAA is the difference to us & the euro country's"

Georges feelings Scuffers not mine .

He did say that, and from the perspective of the man on the street it looks a bit foolish. It wasn't aimed at us though, it was aimed at the people who buy Gilts. They want to be assured that as a country we are aiming for fiscal responsibility, which keeps the interest rate we pay on those gilts low.

[good40]

Your not wrong Dave but its going be the markets who decide on a bad/red day tomorrow or longer on the markets & that will hurt some quite a lot some may not recover.

[davepoth]

good40 said:

Your not wrong Dave but its going be the markets who decide on a bad/red day tomorrow or longer on the markets & that will hurt some quite a lot some may not recover.

We'll know at midnight when Tokyo opens. My guess is a big "meh".