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Egan-Jones Downgrades Netherlands And Austria To A, Negative Watch

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 10 Jul 12 8:49 AM | 63 view(s)
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Submitted by Tyler Durden on 07/09/2012 - 15:50 Egan-Jones Egan-Jones European Central Bank Eurozone Germany Gross Domestic Product Monetization Netherlands Rating Agencies Unemployment

Netherlands, that one of four remaining AAA-rated Eurozone countries (by the big 3 rating agencies at least), was just downgraded by Egan Jones. And for good measure, EJ also cut Austria, both to A, outlook negative.

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http://www.zerohedge.com/news/egan-jones-downgrades-netherlands-aa-negative-watch

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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