Monday, April 25, 2011

America appears to be sleepwalking towards disaster – does no one care?

America appears to be sleepwalking towards disaster – does no one care? The Standard and Poor's rating agency last week took the historic step of putting the US government's AAA credit rating on "negative watch". Geithner merely shrugged it off. His official response was that there is "no chance" of S&P's negative outlook turning into an actual downgrade.

http://www.telegraph.co.uk/finance/comment/liamhalligan/8470172/America-appears-to-be-sleepwalking-towards-disaster-does-no-one-care.html

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