Black holes.

Discussion in 'Bulletin Board' started by Red-Taff., Sep 11, 2024.

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  1. Sco

    Scoff Well-Known Member

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    The UK *had* a very good risk profile. Hasn't our rating gone from AAA to AA over the last decade or so? (For comparison, USA is AA+, Australia is AAA and France is AA-. Argentina is the only country with CCC)

    Oh, and the bit about exceeding 100% of GDP was I think discredited. It was the driver behind austerity, but the economists who did the work missed out a column in their spreadsheet which reversed their conclusion.
     
    Scoff, Sep 12, 2024
    #21
  2. Durkar Red

    Durkar Red Well-Known Member

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    Toilets in The Stables rule number 1 don’t go in the black hole for a piss
     
    Durkar Red, Sep 12, 2024
    #22
    KamikazeCo-Pilot and John Peachy like this.
  3. And

    Andrew Tennant Well-Known Member

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    There's no such thing as a black hole, only incompetent budgeting and management of money.
     
    Andrew Tennant, Sep 12, 2024
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  4. wak

    wakeyred Well-Known Member

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    Its hard to keep up with economists, they change their mind every 5 minutes!
     
    wakeyred, Sep 12, 2024
    #24
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