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Aaannd there goes Portugal, as predicted.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 06:04 PM
Original message
Aaannd there goes Portugal, as predicted.
S&P Says May Downgrade Portugal in 3 Months


Standard & Poor's warned Tuesday it could cut Portugal's credit ratings if the country's growth prospects weaken further or if private creditors become subordinated to public creditors in a possible financial aid program.

http://www.cnbc.com/id/40439467


So, whose next after Portugal???
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CrownPrinceBandar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 06:16 PM
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1. All the PIIGS are accounted for now, right?.....n/t
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 06:48 PM
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2. No. Italy and Spain have yet to topple into insolvency.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 07:45 PM
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3. Place your bets here, ladies and gents,
I pick......Spain to go before Italy.

Any takers?
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 09:02 PM
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4. I'll waffle
Is there room for a 'B' in PIIGS

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