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Not good enough Keith. When did he say that, as I said it could have been 6 months or more ago? That could significantly change any significance. It makes no sense as a 'current' quote. I watch the markets all the time, specially at this time of year when I am reviewing my investment strategy when I am considering the views of a whole range of economists and investment experts.
Your reluctance to provide a link or supply the information I asked for.
Incidentally - I explained my self above the significance of any credit rating. If you are worried about the negative outlook for our AAA rating then just consider how much worse it would be if Labour had got elected with their (slightly) lower pace of deficit reduction!! We would certainly have lost that rating before now and would be even deeper in the mire with the build up of debt as a result of a significantly higher deficit than we have now.
Be careful what you wish for.
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