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Scary, Scary - Moody's Puts UK Credit Rating On Downgrade Watch Post-Brexit
This is, to those who understand what this actually means, one of the more amusing outcomes of Thursday’s vote that Britain should leave the European Union. That Brexit has led Moody's MCO -7.91% Analytics to tell us that they are changing the UK’s credit rating outlook from stable to negative. There are those thinking that this is all very alarming. And then there are those of us who know what this means who treat it as a matter of somewhere between no and very little mind. There are three reasons for this – the first being that even if they do downgrade it it makes no difference whatsoever to anything. The ... (full story)
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- Jun 26, 2016 5:35pm Jun 26, 2016 5:35pm
- rashidcm2004
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- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
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Everyone can see the chart, but only a few can actually read it.
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