Britain to bailout IMF for third time.

Britain could give away billions more to IMF Europe rescue fund for a third time, Osborne admits as he slams Eurozone for 'not doing enough.

* S&P downgrades European bailout fund
* France now AA+
* Germany still AAA- (Will be downgraded next time to AA+)
* Spain, Italy, Portugal, Greece and Ireland listed as Junk Status!
* U.S.A. keeps AA+
* Belgium downgraded again BB-

They spent enough propping up the failed euro already.

>>9
That's a very simplistic understanding of economics you got there. Firstly if the Euro fails the eurozone markets, which uk companies mostly export to, suddenly haven't got a dime.

Secondly if it was just a matter of attracting investors money in the form of securities (to keep government bond interest down) this doesn't follow. Why would I invest in a country who's trading partners are going bust? Why wouldn't I just invest in any number of safer alternatives?