Thursday, January 13, 2011

Chinese rating agency downgrades US

"Dagong has downgraded the local and foreign currency long term sovereign credit
rating of the United States of America (hereinafter referred to as “United States” ) from
“AA” to “A+“, which reflects its deteriorating debt repayment capability and drastic decline
of the government’s intention of debt repayment..."
Full text
Comment: These Chinese sound like Austrians.

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