US AAA credit rating downgraded

[DGuller]

[Tonitrus]

Canada's doing just fine because she's hiding and hoping nobody's going to notice her.

Hey BB, is it a conflict of interest in your position to sponsor a visa applicant, by chance?

I dunno - you know anyone willing to be a live-in nanny?  Child care is expensive north of 49...

Nanny CdM?

I'm sure I've seen that movie.

[Razgovory]

The entire world's economy is going to hell in a handbasket.  I point out that Canada is actually doing well - and you're 'not impressed'?

I'm so sorry you're not impressed with Canada's economic performance.  But since everyone I know can find work, stay in their home, and be fairly productive, I dare say we're doing pretty well.

Yeah, well we can't all decide to become Saudi Arabia or Russia.

[The Brain]

Sweden is doing OK.

[Monoriu]

That means HK has a higher credit rating than the US 

[Razgovory]

It's laughable that the conservatives are claiming that the recent downgrade is unrelated to debt ceiling fight.  They knew full well what not raising the debt ceiling in a timely manner would do.  If they didn't it wouldn't make sense to use it to blackmail the president or as they say "hold President Obama accountable".  Accountable for what or to what is anyone's guess.

[Cecil]

That means HK has a higher credit rating than the US 

Big whoop. So does the socialist paradise of Sweden.

[Brazen]

I dunno - you know anyone willing to be a live-in nanny?  Child care is expensive north of 49...

Sign me up. Though I don't actively like children, I've never knowingly shaken one.

[Razgovory]

Canada's doing just fine because she's hiding and hoping nobody's going to notice her.

Hey BB, is it a conflict of interest in your position to sponsor a visa applicant, by chance?

I dunno - you know anyone willing to be a live-in nanny?  Child care is expensive north of 49...

I could be a nanny.  I'm actually good with children, due to my child like nature.  Actually now that I think of it, my little sis would be good for the job as well. She worked at a daycare for a while (though she is unemployed at the moment due to her living up in Wisconsin in a town of less then 300 people).

[alfred russel]

The dollar is up against the euro after the downgrade.

[Palisadoes]

The dollar is up against the euro after the downgrade.

Both are down relative to other currencies like the Swiss Franc and Japanese Yen, however. Moreover, both are suffering, though the Euro is just suffering more than the dollar.

[OttoVonBismarck]

There's not much for America to learn from countries with small populations and relatively small economies like Canada and Norway; those countries both can be disproportionately buoyed by relatively minor natural resource boons. I mean, the United States could find an oil field equivalent to the Albertan tar sands and it still would not meaningfully turn our economy around, our economy is so vast that it would only give us a minor bump and not come close to solving our problems.

I mean, Canada's economy is about the size of California's on a good day. If you want to look at individual U.S. States many of them have had major fiscal turnarounds in the past decade as well, but none of them have as complicated or as large a mess as the Federal government so it is intrinsically easier for them to solve their problems. Solving the fiscal problems of the United States Federal Gov't is equivalent if not greater in difficulty as the EU solving its collective problems, which as observes will note has been a very difficult process.

[Tamas]

Canada's doing just fine because she's hiding and hoping nobody's going to notice her.

Hey BB, is it a conflict of interest in your position to sponsor a visa applicant, by chance?

I dunno - you know anyone willing to be a live-in nanny?  Child care is expensive north of 49...

I could be a nanny.  I'm actually good with children, due to my child like nature.  Actually now that I think of it, my little sis would be good for the job as well. She worked at a daycare for a while (though she is unemployed at the moment due to her living up in Wisconsin in a town of less then 300 people).

I am ready and able to help out all able-bodied US women, via marriage for greencard

[Razgovory]

My sis is already married.  Although rats ass Wisconsin is pretty crappy, it's a damn sight better then goulash land.  I mean, a mysterious red sludge hasn't simply appeared and devoured towns up there.

[Faeelin]

There's not much for America to learn from countries with small populations and relatively small economies like Canada and Norway; those countries both can be disproportionately buoyed by relatively minor natural resource boons.

Mmm. Canada is small, but let's not pretend it's Norway. It's got the 9th largest economy in the world, and energy products are 2.9% of its GDP. The service sector and manufacturing together account for something like 94% of the Canadian economy.

So, perhaps there's more to it than "they got lucky thanks to Alberta tar."