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Well, can you imagine the political impact of S&P or Moody's downgrading the USA from AAA to AA?

The much anticipated [around these parts, at any rate] collapse of the system might be triggered by just that (people would try to dump their bonds, there would be a run on the dollar...).

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Wed Mar 29th, 2006 at 04:54:27 PM EST
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And therefore I find it pretty remarkable that this is  practically the first time I bump into this subject on ET. Just when you think you've scratched the surface... More surface. (I've got stocks myself (French ones!) and I did figure out one day that their rating AAA is a Good Thing, but then I shrugged and moved on...)

But define political... Your example sounds more like an economic impact. The implication of your question, however, is that a political impact can become disguised as an economical one.

So in that sense, I'll also eagerly await Friday and the Return of Agnes...

by Nomad (Bjinse) on Wed Mar 29th, 2006 at 05:06:01 PM EST
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but I've been off sick today so not much brain capacity available, and I'm travelling to London tonight for a computer free-quality time week end. I'll try and pull the guts of a diary early next week.
Plus tehre is a lot of interesting stuff being posted today and should be more over the week end.

When through hell, just keep going. W. Churchill
by Agnes a Paris on Fri Mar 31st, 2006 at 09:26:00 AM EST
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Feared, not anticipated.
by Colman (colman at eurotrib.com) on Wed Mar 29th, 2006 at 05:16:07 PM EST
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Not eagerly, no.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Wed Mar 29th, 2006 at 05:16:36 PM EST
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Why so ?? I hope you forgot a <snark> in you post ?...

When through hell, just keep going. W. Churchill
by Agnes a Paris on Thu Mar 30th, 2006 at 02:36:48 AM EST
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Well, I ckecked the dictionaries and I feel windicated in that the first meaning of "anticipate" does not imply desire:
1. regard as probable; expect or predict: she anticipated scorn on her return to the theater.  ∎   guess or be aware of (what will happen) and take action in order to be prepared: they failed to anticipate a full scale invasion.  ∎   look forward to: Stephen was eagerly anticipating the break from the routine of business.  ∎   use or spend in advance.


A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Mar 30th, 2006 at 03:24:45 AM EST
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