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23 February 2013, 09:00,
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uks
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UK loses credit rating
Failure is NOT an option
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23 February 2013, 12:01,
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Scythe13
Vita Navitas
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Posts: 6,038
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RE: UK loses credit rating
I don't know whether the UK has become less credit worthy, or whether the ratings companies have finally come up to date with what's going on.
I think, the latter.
Dissent is the highest form of Patriotism - Thomas Jefferson
Those who sacrifice freedom for security deserve neither - Benjamin Franklin
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23 February 2013, 12:37,
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bigpaul
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Posts: 15,197
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RE: UK loses credit rating
i dont think it will make any difference, especially to govt policy.
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
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23 February 2013, 13:47,
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Ghost
Public Enemy No1
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RE: UK loses credit rating
I don't think this will impact the average person, but I could be wrong!
Respect existence or expect resistance!
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23 February 2013, 15:07,
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MaryN
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RE: UK loses credit rating
The main impact would be to increase the cost of Government borrowing, which would increase the debt burden of this country. No immediate impact on the normal person in the street, but longer term the Government might have to put into place further austerity measures to try and reduce the ever-climbing debt.
The only thing necessary for the triumph of evil is for good men to do nothing.
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23 February 2013, 15:12,
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bigpaul
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RE: UK loses credit rating
(23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.
well they could always start by reducing their substancial salaries, but i wont hold my breath 
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
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23 February 2013, 15:25,
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MaryN
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Posts: 1,402
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RE: UK loses credit rating
(23 February 2013, 15:12)bigpaul Wrote: (23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.
well they could always start by reducing their substancial salaries, but i wont hold my breath
Fat chance of that!
The only thing necessary for the triumph of evil is for good men to do nothing.
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23 February 2013, 15:31,
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bigpaul
Member
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Posts: 15,197
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RE: UK loses credit rating
(23 February 2013, 15:25)MaryN Wrote: (23 February 2013, 15:12)bigpaul Wrote: (23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.
well they could always start by reducing their substancial salaries, but i wont hold my breath
Fat chance of that!
no cant see it happening.
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
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23 February 2013, 20:50,
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Highlander
West Coast, Scottish Highlands
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RE: UK loses credit rating
Did you know that out of the 30 members of the government 28 of them are millionaires?
A major part of survival is invisibility.
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23 February 2013, 20:53,
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MaryN
Member
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RE: UK loses credit rating
(23 February 2013, 20:50)Highlander Wrote: Did you know that out of the 30 members of the government 28 of them are millionaires?
Now why doesn't that surprise me!
The only thing necessary for the triumph of evil is for good men to do nothing.
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