Market Watch

Welcome to the DowngrAAAde-Wagon

From Tyler Durden at Zero Hedge:


Farewell Eng£AAAnd: Moody’s Downgrades The UK From AAA To Aa1

And another AAA-club member quietly exits not with a bang but a whimper:

    MOODY’S DOWNGRADES UK’S GOVERNMENT BOND RATING TO Aa1 FROM AAA

Someone must have clued Moody’s on the fact that the UK is about to have its very own Goldman banker, which means consolidated debt/GDP will soon need four digits. In other news, every lawyer in the UK is now celebrating because come Monday Moody’s will be sued to smithereens.
– Tyler Durden

Read the entire thing HERE.

Nobody could have possibly seen this coming. Oh wait. We did.

Exit Question: Is it bad for us to cheer as the corrupt global centrally planned tyranny crumbles into ruin – even with the knowledge that we will be destroyed along with it?