The French Downgrade??

The world may not have digested one AAA downgrade while another one is on the edge.

S&P may be saying that "good governance" and "political stability" is the key to France's economic stability, but hold on a second... what sort of "bad governance" and "political instability" was there in US??

Yes you guessed it.. The French Downgrade.

This is the question that the world is asking, at the moment, from S&P and other rating agencies who are not paying any heed over this question, and many others that are popping in the heads of the investors, and most importantly... the potential investors,who are the key to the economic stability.

What are these agencies thinking? Dropping another bomb on the investors and making the third world countries more volatile? Actually this not only effects the third world countries, but also the European markets that became bearish with the news of the US downgrade.

Let's hope that this does not happen and we remain in the stable world.