I haven't flown to Courchevel but I have seen planes land there, it is small but so are the planes and it doesn't look that bad. Barra is perfectly safe, hard packed sand and small planes. I don't think there has ever been an accident there, it doesn't belong in this category. Worst I have done was ...
I read some of the comments on the BBC site and a large majority of the commenters had little idea what they were talking about, but then the journalists have no idea what will happen either. I'd wager that during the period of the USA's greatest expansion its rating would have been much worse than ...
As part of keeping a practicing certificate I have to do a number of hours of Continuing Professional Development which involves seminars, lectures, etc. Yesterday's involved some gimlet warbling on about efficiency and eliminating mistakes and he brought up the usual example of Indian tiffinwalla a...
The season has hardly started and tonight is a must win away game in Malmö, they lead one nil from the first leg so we need a win. Anything else and we are out of Europe. In a show of faith and to appease the Gods I have just bought a Rangers polo shirt which I will wear while listening to the game ...
Would be fine with me. If the debt were downgraded to AA and the credit spreads reflected that, I think I might like to trade on that spread . . . I don't even know what that means. Whatever S&P say the US is AAA, so if they are rated AA then you can make money by backing them as AAA at AA rate...
And the other figures would put them both behind us and two spots closer to the top 100. :D
Is state debt backed by the Federal government in any way? Who do states borrow from, I take it they simply borrow from the money market like national governments?