The ratings agency Standard and Poor’s is threatening another downgrade of the United States credit rating if the Super Committee doesn’t get results. From Bloomberg: “If there were another downgrade, it would probably be because something has happened with the budget control act, that it has somehow been watered down” or “the fiscal committee doesn’t [...]
Standard and Poor’s US Downgrade Shock Doctrine; Lather, Rinse, Repeat |
| By: Jon Walker Friday September 16, 2011 8:51 am |



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