The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: The Reaper who wrote (59609)	2/13/2012 6:29:01 PM
From: posthumousone	Read Replies (2) of 119360

some silly moody europe dowgrades just came out......meaningless drivel.... RATIONALE FOR UNCHANGED Aaa RATING France's Aaa rating is supported by the economy's large size, high productivity and broad diversification, together with high private sector savings and relatively moderate household and corporate liabilities. This provides considerable capacity to absorb shocks, as demonstrated by the resilience of domestic demand during the 2008-2009 global crisis. The ability of the French government to finance its very high debt level at affordable interest rates in an uncertain financial and economic environment will be crucial to it retaining its Aaa rating.

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