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To: MythMan who wrote (398389)12/10/2009 7:22:16 AM
From: Real Man  Respond to of 436258
 
I only agree with the first part of that statement. It's
still meaningful when they downgrade stuff. -g-



To: MythMan who wrote (398389)12/10/2009 7:34:14 AM
From: Real Man2 Recommendations  Read Replies (1) | Respond to of 436258
 
Moody is a tool. We are playing financial games by downgrading
our creditors to get safety inflows into government bonds.
This worked well in the 90-s and even worked somewhat in 2008
to bounce the dollar, but I believe the point is
close when our foreign creditors just say FU, F Moody's,
S&P, and Fitch. At that point we are f$%ed and chit hits da
fan.


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