Wednesday, August 10, 2011
Rumors French Government Downgrade Coming
The U.S. market is down more than 400 points after being fractionally higher earlier in the session. The plunge was triggered by rumors that the debt of the French government will be downgraded. The stock of the leading French bank, Societe Generale, is down more than 20%.
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When has the French government ever been an upgrade? The French are even more bratty and parasitic than Amerikans.
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