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Here Comes The S&P Downgrade Barrage - Full Statement, In Which S&P Says France May Get Two Notch Downgrade

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Mon, 12/05/2011 - 17:27 | 1948279 Fips_OnTheSpot
Fips_OnTheSpot's picture

Luxembourg? Lolburg.

Mon, 12/05/2011 - 17:33 | 1948310 HedgeAccordingly
HedgeAccordingly's picture

Chicks from europe are the hottest - http://hedge.ly/gFWVSm 

Mon, 12/05/2011 - 17:54 | 1948433 GOSPLAN HERO
GOSPLAN HERO's picture

USA is the land of wideload chicks.

Mon, 12/05/2011 - 17:58 | 1948451 bigdumbnugly
bigdumbnugly's picture

yep.  babe of the day.

unquestionably nailable and her hair remains perfectly coiffed even under water.

Mon, 12/05/2011 - 18:01 | 1948464 Spastica Rex
Spastica Rex's picture

She possesses built-in flotation devices, too. Wow.

Mon, 12/05/2011 - 18:14 | 1948507 bigdumbnugly
bigdumbnugly's picture

almost enough to make even bawney frank go hetero.

Mon, 12/05/2011 - 19:05 | 1948719 sqz
sqz's picture

Well, that must have scuppered a few plans! The EFSF AAA (CDO-like) rating makes it look like a zombie, even before it could be "expanded"!

Tue, 12/06/2011 - 00:44 | 1949788 markmotive
markmotive's picture


Mon, 12/05/2011 - 17:43 | 1948375 achmachat
achmachat's picture

if you downgrade the place with the highest per capita GDP in the world... what are you supposed to do with all the rest????

Mon, 12/05/2011 - 17:59 | 1948457 Johnny B Good
Johnny B Good's picture

Nothing, because its not founded in reality anyway.

Just propaganda Bullshit to misdirect from the fact that the US and UK are bad ass broke.

But dont worry they'll go down the drain soon, not the euro, and their phony minion rating agencies with them.

Really all rating agencies are american, do you honestly believe they will realistically downgrade US ratings ? Dream on.

Small test: You get to make a list of people who get money. First place gets 1000$, Second 500$, Third 250$ etc.

How likely is it that your own Name is on place One ? Exactly.

Mon, 12/05/2011 - 18:35 | 1948591 r101958
r101958's picture

The ratings agencies are now the cattle prod of choice for TPTB to use against countries and pols that will not immediately effect the desired changes or institute the desired policies. Typical carrot and stick psychology. All this in an effort to create one centralized EU government.

Mon, 12/05/2011 - 20:12 | 1948906 Hard1
Hard1's picture

Earth has been just downgraded by the Stellar and Planetary Ratings (S&P), a MRSO (Milky way Recognized Statical Organization) to triple Zed minus outlook negative.  Saturn has outlook positive as the new methodoligy consideres that lack of life is better than lack of intelligent life.

Mon, 12/05/2011 - 21:55 | 1949279 WonderDawg
WonderDawg's picture

You're probably on the right track. The ratings agencies definitely have a less than pure motive for this. Who stands to gain if S&P drops the ratings? What would likely be the reaction and who benefits? If you can figure that out, you can make the right play. I'm just not sure I can accurately anticipate the reaction and how to position myself.

Mon, 12/05/2011 - 17:49 | 1948402 1000pips
1000pips's picture

Already baked in. No big deal. S&P does not matter. Euro/USD to $1.40 in a couple of weeks. Enjoy the holidays with your family. Everything is set up for 2012 to be a HUGE years for the markets. May even set new highs. Trade accordingly.

Mon, 12/05/2011 - 17:57 | 1948447 barliman
barliman's picture



Rahm?  Is that you? Sheeeeeeit ...I almost didn't recognize you without you dropping the F-bomb.

Don't let me distract you from distracting - be cool.


Mon, 12/05/2011 - 18:03 | 1948471 mayhem_korner
mayhem_korner's picture



Is it mandatory for trolls to have the red-white-and-blue, Robo-Hamy?

Mon, 12/05/2011 - 18:18 | 1948522 1000pips
1000pips's picture

Any one who post the truth on this site is called a 'troll', the market has almost doubled in 3 yrs. All this time you chicken little fools have been posting 'the sky is falling'. You must almost be broke now, shorting this market is a suckers move--but hey, maybe you dumb asses like that. Peace on earth, Dow to 15,000 in 2012.

Mon, 12/05/2011 - 18:22 | 1948538 RichardENixon
RichardENixon's picture

If the Dow goes to 15,000 in 2012 it will be about 500 points higher than when stupid fucks like you went all in back in 2007.

Mon, 12/05/2011 - 19:02 | 1948713 Teamtc321
Teamtc321's picture

1000, I suggest you take a look at this interview with Mr. Bass. http://www.zerohedge.com/news/kyle-bass-explains-new-world-order


Enjoy if you havn't yet viewed the clip. 

Mon, 12/05/2011 - 19:05 | 1948723 cranky-old-geezer
cranky-old-geezer's picture



Your rising Dow came at the expense of debasing the US dollar 1/3 since '08.  You stock bulls never talk about that. 

Mon, 12/05/2011 - 22:56 | 1949486 barliman
barliman's picture


"Any one who post the truth on this site is called a 'troll', the market has almost doubled in 3 yrs."

Troll ... no.

Truth .... usually takes more than a snippy soundbite ... and on ZH your credibility takes time to be established. Spouting "green shoots" propaganda regarding markets, economies and sovereign states is a guaranteed method to demonstrate your ignorance beyond all doubt.

Besides, you'll be much happier getting back to WoW than you will be hanging around here.


P.S. Tyler, much as I hate to say it - can we bring captchas back to weed out the illiterate?

Mon, 12/05/2011 - 18:08 | 1948485 He_Who Carried ...
He_Who Carried The Sun's picture
In Which S&P Says France May Get Two Notch Downgrade  WHICH IN TURN WILL LEAD TO QUICK AND PROMPT DEMISE OF ALL S&P managers, who still need to get a life after failing each and everybody in 1999, and in 2008!
They should be hung by their nostrils! lol
Mon, 12/05/2011 - 17:27 | 1948284 Marcuz Aurelius
Marcuz Aurelius's picture

That was what ? a Half-life of 4 Hours for the Eurocrats ?

Mon, 12/05/2011 - 17:28 | 1948285 GeneMarchbanks
GeneMarchbanks's picture

S&P: We may cut you!

Mon, 12/05/2011 - 17:28 | 1948286 Vlad
Vlad's picture

Belgium should already be cut.

Mon, 12/05/2011 - 17:37 | 1948327 cossack55
cossack55's picture

Belgium gets a minor boost for not having a gubmint.  The US would be back to AAA if we disband our criminal gubmint.

Whats up with the cancelled Czechs?

Mon, 12/05/2011 - 17:52 | 1948404 bank guy in Brussels
bank guy in Brussels's picture

In fact, in Belgium we do now have a government, after 541 days. Our good King of the Belgians, Albert II, has just appointed it after the successful coalition negotiations were completed.

Our new Prime Minister, Elio di Rupo, is quite a good chap. He is of Italian heritage, a gay man, and the leader of the French-speaking Socialist Party in Belgium. He is charming and looks quite dapper in the bow tie he usually wears, but perhaps some Americans will not quite like his profile.

Americans are probably not quite ready for a gay socialist as head of government, but Mr di Rupo is quite all right with us here in Belgium.

Words and meanings: Americans use 'socialism' to mean something like 'fascism', which they greatly suffer, whereas here we use 'liberal' as someone who has strong free-market views.

Too bad Americans have never really experienced government working well, and giving just about every citizen a good life, like we have here. And Americans get sadly distracted from their real enemies, by anti-gay, anti-Muslim, anti-Mexican, and other bigotries.

Mon, 12/05/2011 - 17:55 | 1948440 knukles
knukles's picture

Never fear, Barney Frank's here.

Mon, 12/05/2011 - 18:07 | 1948481 Johnny B Good
Johnny B Good's picture

Who cares ?

Whats the name of the mayor of Washington D.C. ?

Belgium is a neutral ground where the government of the EU is located so that no nation (of importance) can claim to rule europe.

Test it youself:

"Belgium is the ruler of Europe!"

Sounds funny doesn't it ?

As a matter of fact, Belgium was founded in the 19th century as a neutral ground / battlefield for Europes great powers so they don't have to scorche their own land in minor conflicts and have a nice background for parleys.


Mon, 12/05/2011 - 18:23 | 1948516 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture


Belgium is a case example of the fallacy and failure of the concept of multi -culturalism.

Belgium has largely devolved into two separate nations under one flag,

In the north The Dutch-speaking Flemish Community people of the Flanders region


French-speaking  people of the Walloon region in the south. 

The two different ethnic groups have been feuding and that’s why it took a full 1 year and ½ to form a government.  Even the road signs are written in different language depending on the region.

Most likely the entity known as “Belgium” will   fall apart once they are forced to institute austerity and have to fight over which region takes the biggest hit.


Mon, 12/05/2011 - 17:54 | 1948432 Black Forest
Black Forest's picture

Whats up with the cancelled Czechs?

They have never been part of the eurozone, their currency is CZK.

Mon, 12/05/2011 - 17:53 | 1948426 hugovanderbubble
hugovanderbubble's picture






Just ANTWERP has any potential value as a big harbor....

BELGIUM will be splitted into 3 countries....like Yugoslavia...and in a couple years Spain...NEOBALKANIZATION COMING (in belgium and spain...and who knows in more euro countries...as FISCAL HARMONIZATION IS AN ODYSSEY...UTOPIA

Mon, 12/05/2011 - 17:28 | 1948287 redpill
redpill's picture

Please keep your hands an arms inside the boat at all times, and enjoy your ride on The Downward Spiral (tm)!


Mon, 12/05/2011 - 17:33 | 1948315 JPM Hater001
JPM Hater001's picture


Mon, 12/05/2011 - 18:03 | 1948348 bigdumbnugly
bigdumbnugly's picture

the final thrill ride for all turds.

Mon, 12/05/2011 - 17:29 | 1948291 SheepDog-One
SheepDog-One's picture

So in other words theyre trying to scare the ECB into printing?

Mon, 12/05/2011 - 17:33 | 1948308 GeneMarchbanks
GeneMarchbanks's picture

Of course. Austerity... was tried. Fail. See Greece.

Nothin' left...


Mon, 12/05/2011 - 17:33 | 1948312 Vincent Vega
Vincent Vega's picture

Perhaps they are just trying to give that apperance, Sheep. Perhaps this is all part of the script to give cover to Fed to print. Who knows any more...it is all so FUBAR.

Mon, 12/05/2011 - 17:36 | 1948340 SheepDog-One
SheepDog-One's picture

I dont know who they have to hide from or fool in order to print....who is there to stop them?

Mon, 12/05/2011 - 17:41 | 1948362 Vincent Vega
Vincent Vega's picture

Good point...I breifly thought Congress but they are impotent.

Mon, 12/05/2011 - 17:50 | 1948387 bigdumbnugly
bigdumbnugly's picture

is that ebonics for important or did you mean utterly useless?

Mon, 12/05/2011 - 17:49 | 1948401 centerline
centerline's picture

It's about placing the blame - redirection.  Politicians take the next hit.  Then people will take the ultimate and final hit.  That should work wonders for divide and conquer as well.  In this case, divide and liquidate.  Public versus private, haves versus have not, political party A against political party B, young versus old, cat owners against dog owners, prego versus ragu, etc.

Mon, 12/05/2011 - 17:48 | 1948398 vote_libertaria...
vote_libertarian_party's picture

That is my question.  What is considered negative?


If they (Euroland) all agree to print a Trillion Euros in funny money and push defaults out 2 years is that good?


If they say no to printing, no more new debt but there are a lot of bond write offs is that good because they would finally be improving the situation (after the write-offs, theoretically)

Mon, 12/05/2011 - 17:29 | 1948292 Matt1973
Matt1973's picture

who cut the cheese ?

Mon, 12/05/2011 - 17:34 | 1948324 JPM Hater001
JPM Hater001's picture

I think it was Nigel Farage.  Well, first smelt first delt?

Mon, 12/05/2011 - 17:36 | 1948331 hugovanderbubble
hugovanderbubble's picture

No Cheese for bad mouse...


AND WHEN UK WILL BE DOWNGRADED???????????????????????????????'

Mon, 12/05/2011 - 17:39 | 1948355 txsilverbug
txsilverbug's picture

This would be that expensive swiss cheese right?  Not that fake ass french cheese..

Mon, 12/05/2011 - 17:53 | 1948431 The 100 Trillio...
The 100 Trillion Dollar Man's picture


Mon, 12/05/2011 - 17:30 | 1948294 txsilverbug
txsilverbug's picture

Who gave S&P their scissors and balls back?

Mon, 12/05/2011 - 17:30 | 1948298 knukles
knukles's picture

Why not save time and just state that "All the European countries who have been recently decribed as fucked will be cut."

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