Spain, Italy Debt Ratings Cut, Adding to Market Jitters

[redrumloa]

Spain, Italy Debt Ratings Cut, Adding to Market Jitters

Fitch cited slow growth and high debt in cutting Spain's sovereign credit rating, while Italy's was cut because of high public debt, low growth and the "politically technical and complex" solution necessary to fix Italy's financial ills and earn back the trust of investors.

 

[Glaucus]

I'm guessing you're posting this to distract from the fact that it was reported that more jobs were added to the economy in August than were expected? Can't allow good news to ruin your day.

 

[redrumloa]

I'm guessing you're posting this to distract from the fact that it was reported that more jobs were added to the economy in August than were expected? Can't allow good news to ruin your day.

Huh? Two COUNTRIES get downgraded and you are angry because I am not only talking about the USA?