The PIGS are getting sick.

[joe-90]

We've got to wait out turn. The hung parliament has nothing to do with ratings - it's the 900 billion quid we owe and can't pay back. Last month it went up at 800 million PER DAY. We can't even stop it - never mind reduce it.

 

[roughcaster]

Has anyone seen the news today? Riots in Greece and protest marches in Spain and Portugal - the dominoes are starting to tip.

Nothing can stop it now. The whole house of cards will shortly come crashing down.

I'm with you on this one Joe.

 

[Lincsbodger]

We've got to wait out turn. The hung parliament has nothing to do with ratings - it's the 900 billion quid we owe and can't pay back. Last month it went up at 800 million PER DAY. We can't even stop it - never mind reduce it.

Its everything to do with it. The only reason we have such a good credit rating is weve have decisive majority governments for 37 years. Thats what the people with the credit to give out like with us. When we suddenly have a government that wont be able to make the simplest decision without weeks of back room haggling, the investors will take flight, and take there money and credit with them. The Russian billionaires have already started packing up and leaving, and they're the canaries in the mine, if there going it doesn't need much more to cause a rush. And a hung parliament will be the last straw.

The size of the debt doesn't bother the financial markets, as long as we can make the repayments, which at are 27 billion a year. If thats in the slightest doubt, they will pull the plug in a flash.

 

[joe-90]

It costs us 40 billion per year interest. 16 out of the 20 G20 nations are 'balanced parliaments' - including Germany.

 

[Lincsbodger]

It costs us 40 billion per year interest. 16 out of the 20 G20 nations are 'balanced parliaments' - including Germany.

yes but thats them, thats normal for them. Its not normal for us, weve had majority governments for 37 years, thats why we have a cracking credit rating. theres a direct connection. We never have hung parliaments, the last one was 37 years ago, and weve only had 4 in the last 110 years. When it goes hung, panic will ensue in the our creditors. Hung parliments are weak and indecisive, when we do them. Every single one weve had has collapsed within a year and another election ensued. What ever goes on politically on in germany is nothing to do with us in that respect. Our credit rating isnt based on how strong germanys minority rule is, its based on how strong our majority parliaments usually are. Germany or France or Italy is nothing to do with it.

 

[RedHerring2]

Our credit rating isnt based on how strong germanys minority rule is, its based on how strong our majority parliaments usually are. Germany or France or Italy is nothing to do with it.

Tosh! Credit rating is based on the economy not on the political system