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