China gets an A1 which is lower than Hong Kong and Taiwan which both get an Aa3, the implication being that these places are better equipped to pay their debts than the mainland? Fuck off are they lol.
i mean giving china a lower credit rating makes sense though since they can and will just tell foreign investors to get fucked (as they should, lol) if necessary (this is a good thing tho)
These systems always make me laugh.
China gets an A1 which is lower than Hong Kong and Taiwan which both get an Aa3, the implication being that these places are better equipped to pay their debts than the mainland? Fuck off are they lol.
i mean giving china a lower credit rating makes sense though since they can and will just tell foreign investors to get fucked (as they should, lol) if necessary (this is a good thing tho)