Standard & Poor's may downgrade the triple-A ratings of six European nations including Germany, according to the Financial Times in its online edition Monday.
The ratings agency will review the triple-A ratings of Germany, France, the Netherlands, Austria, Finland, and Luxembourg, and lower them to a AA+ if reviewers are not convinced that European policymakers are making enough progress to justify the ratings, FT reported.
S&P is expected to release its announcement of the review later Monday
It seems with this action there will be a time when every thing and all is degraded by Standard and Poor's will downgrade to the Sub prime category. Is it sensationalism, unrealism and Selling Fear.
It seems there are many buyers of Fear now than Greed.
What is Sold that is Made..!
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