In These New Times

A new paradigm for a post-imperial world

Germany faces ratings downgrade as Spain tensions mount

Posted by seumasach on July 24, 2012

The absurdity of a downgrade of German debt as UK debt remains at “AAA” is patently obvious. The attack on the euro from City/Wall Street goes on while the European elite embrace the criminal foreign policy of their executioners.

The West Australian

24th July, 2012

BERLIN (AFP) – Top rated Germany, Europe’s paymaster, faced the prospect Tuesday of a damaging downgrade as Moody’s warned that problems in Spain and Italy made the eurozone debt crisis even more dangerous.

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