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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (27504)	3/16/2010 10:24:46 PM
From: maceng2	Read Replies (2) \| Respond to of 71463

I'm surprised the credit rating companies are still going, I have no idea why anyone listens to them after the debacles of the last few years. The EU is thinking of creating their own ratings score, not sure how the USA would figure there. The USA and UK to seem to be the next ninepins set to fall. (March 15th news link) LONDON - The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody's Investors Service said Monday. In a quarterly report assessing the prospects of the triple A-rated countries, including Spain and the "less fiscally challenged" Denmark, Finland, Norway and Sweden, Moody's warned that the economic recovery remained fragile in many advanced economies. "This exposes governments to substantial execution risk in the implementation of their exit strategies, which could yet make their credit more vulnerable,"... article.wn.com Note: I have downgraded all fiat currencies to B minus today. Gold and Silver remain A rated, not AAA rated because the Fed still exists -g-