Chinese rating agency downgrades US politicians’ debt — again

posted by
August 3, 2011
All Headline News    
Posted in News

"Chinese rating agency Dagong Global Credit Rating Co. said Wednesday it has cut the credit rating of the United States from A+ to A with a negative outlook as Washington went through long-drawn inter-party political bickering before raising the country’s debt limit. In November, Dagong downgraded the U.S. from AAA to A+, claiming the U.S. government's solvency is 'on the brink of collapse' after the Federal Reserve loosened its monetary policy." (08/03/11)

http://bit.ly/nVq5V4  

Tags:

Our Sponsors