27-01-2012, 21:09
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#498
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 3 360 boxes , XL TV.
Posts: 56,678
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Re: Eurozone will collapse...
http://rt.com/news/fitch-downgrade-eu-countries-919/
Quote:
Ratings agency Fitch has downgraded the credit ratings for five European nations, namely Belgium, Cyprus, Italy, Slovenia and Spain.
*The agency stated the revision was made due to "the absence of a credible financial firewall against contagion and self-fulfilling liquidity crises" and "the marked deterioration in the economic outlook" in Europe
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__________________
“The only lesson you can learn from history is that it repeats itself”
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