There are countries on this board RIGHT NOW who dont have a

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>thinking that national debt is relevant
>implying that credit form private banks matter even due we have our own national banks +European central bank

>>79192800
t. AA+ hobo

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>>79192750
>poorcreditugal

>>79192750
https://www.youtube.com/watch?v=Qj1cgBI5rdI

We fucked it up :(

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>>79192874
>BB

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>>79192939

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There are countries in the world RIGHT NOW who aren't powerful enough to sue the shit out of a credit rating agency for downgrading their rating.

https://www.cnbc.com/id/101005690

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>>79193059
>AA+

>>79192750
What the fuck is wrong with those ratings?

Can't they just use actual letter grades or numbers instead to triple letter bullshit?

A Germanic always pay his debts.

>>79194365
Pays* even. Also, fuck Iceland for bringing shame to our people.

>>79196376
I AM GREEK

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>>79192750
Credit rating is a joke.

>>79197731
Yeah if you're third world

>>79197755
You can enjoy """your""" money and 100% GDP debt until banks """accidentally""" would decide that you rating is actually CC and now all you island belongs to random MorganStanley. But not be nervous, it will not happen until you are sincerely american toy.

>>79194365
What is dead may never die.

>>79197731
looks like to get a huge debt is a sign of the first world :3

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>>79196376
You keep posting this every week, yet still don't seem to understand the concept of mortgages. More money to spend=bigger mortgages. Mortgages are super beneficial here as you save more from paying interest on your new home than renting another place. Norway has by far the highest home ownership rate in Europe when you take overcrowding in Eastern Europe and Southern Europe into account, and unlike many of these countries, building regulations are very strict to make sure the houses are suitable for Norwegian winters, so the cost is exorbitant in comparison. The median first-time buyer is 25 years old here, of course that will add a ton of debt.

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>>79197879
>Greece
>Italy
>Egypt
>Zimbabwe
First world, yeah

>>79197879
Global economics 101: Debt is good. Debt is like an informal contract which forms a relation and gives both nations a stake in one another's prosperity.

>>79197925
Still good. Greece keeps getting free money because the EU considers them an investment and don't want to see all their capital go to waste. Zimbabwe is fucked because of the white man's curse and hyper-inflation.

>>79197971
It is free money, you subhuman. From all the top EU state.

>>79192750
this desu
everyone who isn't AAA is a shithole in my opinion

>>79198039
t. greek

>>79198070
try living in another country
protip: it's shit compared to here

>>79198748
>turkey > germany
ROFL

surprised that we have a better rating than about half the countries on that map

interesting

>>79198931
für dich

>Iceland and Austria not having AAA
Can they even be considered Germanic anymore?

>>79192750

means shit

credit ratings are all political farce

>>79197731
>170.4%

>>79199189
Yeah, they can barely afford to pay of their interest. Though it's important to mention that their currency have practicly been almost inflation free for the last decades, so they still have monetary options left,.

>>79199238
>Greece destroyed them
What did Ikeby mean by this?