The Curse of Kinnock strikes Denmark (part 2)
Francis Sedgemore, Monday 31 October 2011 at 13:09 UTC
With an eye on the Danish bond market, and as prelude to a takeover of the brewer of what is probably the world’s most indifferent beer, China’s Xinhua news agency reports that the Dagong Global Credit Rating company has downgraded the rating of Denmark from AAA to AA+, though with “a stable outlook”, which is nice.
That, my dear Danish friends, is what you get when you elect a social democrat government with no economic policies to speak of, and do so in the middle of a global financial shitstorm.
Vær meget meget vred, for kineserne kommer!
First they take Frankfurt, and then they take Fyn.
Meanwhile, here we see Italy sizing up one of Denmark’s fitter assets…
Hat tip: Boyo, he no good
Feed the writer! 
Monday 31 October 2011 at 14:13 UTC
As I enjoy writing about things of which I am ignorant, I will say that the only policy of any sort I can remember coming out of Denmark in recent years is the one extending the cumulative number of years that a couple needs to have resided there before taking citizenship.
And what do these ratings agencies actually do? They seem to be a little bit like estate agents – taking a cut of everyone else’s wealth whilst producing none of their own.
Monday 31 October 2011 at 14:14 UTC
You got in in one, looby. Have a biscuit! And an economics PhD while you’re at it.
Tuesday 1 November 2011 at 10:01 UTC
Highlights from my Facebook discussion of this matter:
May we look forward to the prospect of Neil K challenging Berlusconi to a duel to defend his daughter-in-law’s honour?
To quote Henry Kissinger, I wish they’d both lose.
I once bumped into the sainted Neil in the Ealing branch of M&S. He was talking to someone. I happened to pass by again 40 minutes later. He was still talking.
Had the other person gone?
Neilo was probably trying to sell him the car he totalled on the M4 while “listening to Brahms”. And Liszt, so they say.
On reflection, I don’t see the duel happening. Berlusconi would probably get distracted before Kinnock had finished issuing the challenge. Or Kinnock would lose count/fall over before completing the requisite ten paces.
Kinnock would lose count, fall over and manage both to shoot himself and the seconds before setting the park on fire and having it tumble into the sea.
Tuesday 1 November 2011 at 10:05 UTC
If anyone could talk Silvio Berlusconi into stepping down for the sake of his country, it is Neil Kinnock. Their respective aides may have to lock the door, however. From the outside.