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Thursday, May 27, 2010

seeing red

giving the fact that our government is investigating all the big rating agencies(they all should be in jail, but nothing will happen to them, do you really think these agencies are going to cut the credit ratings on government, or honestly rate it?

"ratios of general government debt to gdp are higher than other aaa rated countries."

during the clinton era, we were running huge surplusses.

how can it be that our national credit rating has remained the same?

is there any comparison of the conditions we are in?

this makes zero sense.

how does the euro crisis make our currency more stable?

the term "flight to quality" needs to be seriously reexamined.












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