RE: RE: RE: Some one trying to keep the price down https://blogs.marketwatch.com/thetell/2012/01/13/the-fall-of-france/
But the effects of any downgrade may prove counter-intuitive, given that a one-notch cut in France’s rating has been widely telegraphed.
As Commerzbank chief economist Joerg Kraemer told Reuters, a downgrade “may irritate markets in the short term but wouldn’t be a big problem in a world where the U.S. and Japan also don’t have a triple-A rating anymore. Triple-A is a dying species.”