This market will resolve to "Yes" if France's long-term sovereign credit letter rating is downgraded by any of the three major credit rating agencies (S&P, Moody's, Fitch) at any point between September 12, 6:15 PM ET, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. The resolution source for this market will be official information from Standard & Poor's, Moody's, or Fitch; however, a consensus of credible reporting will also be used.
[link removed]
le decision de s&p etait attendue en novembre, c'est dire a quel point la situation est mauvaise
Moody's (Aa3, stable, from last April) update comes on Oct 24, S&P (AA-, negative, from last May) on Nov 28. Moody's could drop France to A1 (especially if elections are called) but might just change outlook if they're nice. However it doesn't look like S&P has any option besides downgrading to A+ ? Even if the gov doesn't pause the pension reform the deficit is never going below 5% next year
John Plassard from Cite Gestion already says Moody's downgrade is here! At this point Macron should just run the ball and call another snap
LOLZ!
The pension reform has been paused a few hours ago, the downgrade is likely coming.
proof that the downgrade is here: [link removed]
what a bunch of retards
the Yes or the No holders?
France
come on all they wanted was to retire at 62..... can you blame them?
Looks like Ensemble not giving into the left's demand for a wealth tax.... here comes the circus
Sad part is, Thomas Picketty is giving them the self validation they want. What even sadder is the everyday person suffers the most.
Tell me what you get under the rightist is better.
Real economic gwoth a pension program that doesn't rob from the young to pay the elderly who on average own their own homes and voted for policies that screwed over young people. You wanna go further?
Oh boy. Did not know we had an economics Nobel price among us. Thank you for your light almighty all knowing God. I wish I had so much assurance with my knowledge as you do- things are so much simpler when you are certain of everything.
Well I can tell you this one certainty you are WRONG!
I know you can ! Almighty!
I will bestow upon you the Nobel Prize for losing at Poly! An achievement of a life time.
Oh yeah my track record sucks as hell. Im all in on this one, or no more bets until next pay :).
Wait dude you are -500 loss all time ahahah. Doesn't look like your track record is better. Something like Dunning Kruger.
well back up since the French markets are easier to predict....
In all fairness it takes nothing for politics to explode in France. I just thought Macron would want to finish his presidency in a smoother way
Worst is, if this 2% tax were to pass, would help to balance budget
idk wealth taxes collect far less than projected... but hey no tears shed for Bernard Arnault. Guy fashions himself as the new king of France. Trust me if the country had the gaul to put him in his place I buy a plane ticket and see first hand
Money has to come from somewhere. What we are experiencing now is not something new unfortunately. Life goes in cycles, and we are again at a peak on inequality in terms of wealth distribution. Im fine, i have 150.- a month to gamble on polycasino. But loads of ppl don't. And they create unrest.
Does a "Negative outlook" count as a downgrade?