China again tries to talk the market higher after France warns it may lose AAA rating

China has talked the market higher in the last 2 weeks but how long can that last?

You can see the powers that be, trying to put lipstick on the PIIGS.

http://finance.yahoo.com/news/China-warns-debt-woes-rb-639304907.html?x=0&.v=3

 

I never imagined that France would lose its AAA rating. I thought they are one of the biggest high-value industrial exporters in the EuroZone. Must be their social welfare programs holding them down.

 

It (eurozone) will eventually be known as Pfiigs