@DivaJain2 Diva that’s the case with all surgeries nowadays, also noted recently people facing discomfort or chest pain etc are directly being treated with Two Stents in angioplasty procedures, charged 5/7 lacs minimum, helpless n emotional patient can’t do a thing about it
Most people don’t yet grasp what is happening in France. Markets are pricing French sovereign debt as junk, rating agencies will eventually have to follow. This will have two major impacts:
1. Most French banks are already rated at or just below the sovereign, so a move toward junk would likely drag domestically focused lenders with it. Credit to households and firms would slow sharply, hurting the economy and widening the fiscal deficit even further, a vicious cycle.
2. For the ECB, the constraint is legal as well as financial. A fall below investment grade would force sales by ratings-bound investors while making any backstop harder to justify under current rules.
The next euro crisis will begin in France. The first, which began in Greece, will feel like a walk in the park compared with what comes next.
@HHShkMohd Sir we come every year to meet our parents, tickets to Dubai are exhorbitant this year , 32 years of continuity will break I guess . It’s a wonderful city , probably the best in the world.