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Fuck the sirens are non stop, sounds like shit loads of vehicles, will stick my head out the window to get a direction . . . .

Dalston will be next.

Almost certainly, it will work it's way down the axis of evil Dalston, Shackwell, DeBeauvour, Hackney.

Joking aside, I have heard near constant sirens racing around all night, I'm in Hackney, hopefully they are going somewhere else.

I know I am going to get called racist for this, but I am pretty sure all this trouble is caused by the Norsemen.

I know I am going to get called racist for this, but I am pretty sure all this trouble is caused by the NWO.

I know I am going to get called racist for this, but I am pretty sure all this trouble is caused by the Jews.

Hampstead's just kicked off, there's a man tapping on the window of the Delicatessen in South End green, he's muttering something about opening times, looks angry.

OMG! OMFG!! Let's loot Evans!

I can't make it but you can you grab me a rear cat eye, one that I can attach to my seat post.

And an iPad 2.

Someone I know who's an officer with the met just said that there's rioters in Enfield town on his facebook

Weird friends for an officer.

The investigation into the Tottenham riot is going to be led by the Sweeney.

the Sweeney, the Sweeney, da da da da da da, the Sweeney.
the Sweeney, the Sweeney, da da da da da da, the Sweeney.

the Sweeney.

What benefits?

A more desirable pound, an increase in exports ..

?

Deny it all you want, the truth will surface.

No one said it was a good thing. The question, which you yourself quote, was "will the downgrade of their debt status make dollars more or less desirable." Balki was explaining that it could make it more desirable for some. The US is opposed to it because it rocks faith in the US economy and could lead to government loans costing more money. That "more money" goes somewhere, and for them (those who get the "more money") it is desirable to own that US debt (which is in US dollars).

Ok, I see, thanks for explaining it.

Balki (I think) is saying this: if interest paid on bonds goes up (the interest the US pays to borrow money, not the interest the fed sets) . . .

If interest goes up, do taxes (eventually) go up as someone needs to service the debt and the US citizens are the only one's with money, the government has none of it's own, the fact that over half the debt is held by the US itself further mashes shit up . . ? ? ?

. . and you have faith that the US government won't default (ultimately, if you have faith in the USD as a currency). . .

If the lowering of the credit rating is an indication of anything it's an indication of an increase in the likelihood of a default (however still unlikely) ?

you could see the USD become more desirable.

Should the UK campaign (or otherwise engineer) to lower it's credit rating to also enjoy these benefits ?

Maybe you got this already and there is something more subtle which you're trying to hash out.

911 was a inside job ?

I am trying to see (which I currently can't make) why the downgrading on the US' credit rating is a good thing, from what you are Balki are saying it is (or in the right circumstances can be).

But that has me wondering why this is presented as bad news, why the White House vociferously lobbied against it and why other countries aren't actively campaigning to head for the low Cs ?

..

I have 12 64GB iPads for sale if anyone is interested, a little burnt at the edges like motherfucking toast but still working fine, all come pre-loaded with The Definition Series - Grime ( Mixed By Lunatrix And DJ Vokal ) and Google Maps.

30 Euros for 2.

Do you have any data/fancy graphics to support this assertion?

It was sarcasm, but I do still have a graph for you:

To the question: "will the downgrade of their debt status make dollars more or less desirable", my guess was 'less'.

You pointed out that: "A depreciated but stable currency in a higher interest environment could be considered more desirable."

I pointed to the US interest rate being very low (with some fuck off fancy graphics done on a computer)

To which you said: "The US cost of borrowing will increase due to the ratings downgrade."

At which point I said: (or asserted if you like) "This all explains the US' eagerness (let's be honest, insistence) to have their credit rating downgraded."

What that line indicates is confusion, the message I am getting from you isn't clear.

The cunt shoots at Police, they shoot back and kill him. WTF do people expect, do they think it's accectable for worthless cunts to walk round with guns shooting at Police and whoever else.

That was the excuse, the police shooting, but the reasons for the riot were probably complex - many problems built up over time I'd guess.

Fuck !

Jesus is a lazy cunt