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USA breaks it’s holiest taboo!

The USA and Barack Obama have ratified an agreement to raise the debt
limit as long as needed without any upper limit. This way, the USA is trying
to ensure it’s full liquidity. However there’s some stale taste with this as the
actual 16.4 trillion DS$ debt equals 100% of the annual US economic power!

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February 6, 2013Netspark No Comments »
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FILED UNDER :Curiosities , News , Thoughts
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And now it’s the Netherlands…

Almost every country in Europe has already been re-ranked concerning their
credit rating. Now the Netherlands are facing a withdrawal of their top-grade!
As Fitch has announced today, the Netherlands are about to be rated down
off their top grade if they’re not able to lower their debts soon.

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April 19, 2012Netspark No Comments »
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FILED UNDER :Economy&Finance , News
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Italy in the crisis…?

Today, Standard&Poors has lowered the Rating for Italy from A+ to A-1 as it thinks,
Italy will also run into big debt problems. While Berlusconi has yet ratified another
54.2 billion Euro savings plan, Standard&poors doubts that Italy will consequently
follow the plan. A high unemployment rate, low invests from other countries…

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September 20, 2011Netspark No Comments »
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FILED UNDER :Economy&Finance , News
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