[personal profile] bemused_leftist
http://www.investors.com/NewsAndAnalysis/Article/580834/201108081908/A-Psychological-Blow.htm

S&P’s downgrade from AAA to AA+ wasn’t about America’s ability to pay its debt, which remains intact. The rating agency specifically said the problem was the U.S.’ willingness to pay its bills.

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bemused_leftist

August 2012

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