Tuesday, May 29, 2012

US Credit Rating Lowered Again (April 5 2012)

OK, I'm a little late with this, as it got practically no media coverage. Regardless, this is important as Egan-Jones , the ratings company who's spearheaded this second downgrade, tends to lead the other ratings companies such as S&P or Moody's.

Egan-Jones was the first to do the first downgrade a year ago. This is a crisis that America's never faced before.

Here's Ben Swan talking about this,

0 Reflections: