S&P Threatens to Downgrade European Debt


The S&P, which downgraded the U.S. debt in August during failed budget negotiations, is now threatening to do the same to thirteen eurozone countries, including Germany. The warning, which they say is motivated by “continuing disagreements among European policy makers on how to tackle” the debt crisis, comes just before a planned meeting to figure out a game plan for tackling said debt crisis. So undermine-y, that S &P.