Two articles this AM that we've been expecting, but it's still alarming when it happens:
The other one is from China.
They claim we are already defaulting because we keep inflating our currency so we pay them less.
The depth of the doodoo deepens.
German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!
Link: http://www.zerohedge.com/article/ger...t-bonds-aaa-aa
ZeroHedge put that exclamation point on that headline.Link: http://www.zerohedge.com/article/ger...t-bonds-aaa-aa
The other one is from China.
China ratings house says US defaulting: report
Link: http://ca.news.yahoo.com/china-ratin...054309883.html
Link: http://ca.news.yahoo.com/china-ratin...054309883.html
They claim we are already defaulting because we keep inflating our currency so we pay them less.
The depth of the doodoo deepens.
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