What about Switzerland? Don’t they still have a AAA status?
“Germany, Finland, the Netherlands and Luxembourg”
Sweden, Norway, Switzerland, UK?
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This only pertains to countries which use the Euro as currency. I presume the Swiss, Swedes, the Brits and Norway all have AAA status (I wonder whether the UK will maintain that status over the coming year, however).
Well, the ‘big three’ are in trouble. They could be downgraded too.
All of them posted massive deficits last year. Certainly, nothing like in the US, but things are bad.
So we shall see.