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Egan-Jones: USA downgraded to AA-

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  • Egan-Jones: USA downgraded to AA-

    A rating agency worth listening to:-

    http://www.zerohedge.com/news/egan-j...rades-us-aa-aa

    I like the fact that they use the real debt to GDP figure of 104% instead of the CNBC crowd figure who like to try and deceive by saying that it is circa 75% as they exclude inter department debt.
    Last edited by DRumsfeld2000; September 15, 2012, 04:14 AM.

  • #2
    Re: Egan-Jones: USA downgraded to AA-

    IIRC this guys got a federal investigation after their last downgrade. I wonder what "Justice" has in store for them this time.

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