4 ms·
If S&P had an agenda against high taxes and extensive welfare states they would downgrade the Scandinavians first. The vikings easily beat France in those categ
by copx 13y ago
If S&P had an agenda against high taxes and extensive welfare states they would downgrade the Scandinavians first. The vikings easily beat France in those categories yet they all have triple-A ratings.
These ratings are supposed to indicate "the capacity to meet financial commitments". I have read articles fearing a French collapse even in left-liberal newspapers here in Germany. Meanwhile nobody worries about Sweden or Denmark not being able to pay their bills.