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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (40751)8/5/2011 9:13:52 PM
From: maceng2  Read Replies (2) of 71479
 
unnamed US officials had told US media that S&P's analysis of the US economic situation was deeply flawed.

bbc.co.uk

Well, unnamed US officials may have a point there. Rating agencies have been shown to be POS's in the past. So what do others think? The Chinese own a big slice of US debt... what is their view?

lemme see now... where is that google button...

Dagong decides to downgrade the local and foreign currency credit rating of the US put on the negative watch list on July 14 from A+ to A with a negative outlook. The key reasons for the downgrade are as follows:

dagongcredit.com

Oh dear! Cheeky beggers!! Do they know how big the USA navy is? Yes, it is a bit expensive. I wonder if it could be outsourced -g-
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