Sunday, August 07, 2011

Are you AAA or AA+ ?

Guardian: Has a graph showing the individual credit ratings of each Country. The UK in the view of S&P is AAA with a stable outlook, the US AA+ with a negative outlook. This blog would not be surprised to see the other credit agencies, Moody’s and Fitch also downgrade the US credit rating, they will not want to be left with egg on their face should S&P be right. Thus more market turmoil folks on Monday.

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