Re:$1B betting the United States will lose its AAA credit ra...
by joezydeco on Thursday July 28, 2011 @09:55AM
(#2816781)
And, more importantly, a change in rating from AAA to AA+ doesn't mean anything compared to a sovereign being derated from investment-grade to non-investment-grade.
Derating may be a black eye to the US's status in the world economy, it's hardly the end of anyone investing in Treasury Bills.
[EDIT] That's from the podcast itself. I listened to the whole thing. Downvote the parent if you disagree.
Derating may be a black eye to the US's status in the world economy, it's hardly the end of anyone investing in Treasury Bills.
[EDIT] That's from the podcast itself. I listened to the whole thing. Downvote the parent if you disagree.