Tuesday, November 9, 2010

China downgrades US's debt

I had no intention to start a blog documenting the decline of the USA. I know we will see better days.

Chinese Credit Rater Downgrades U.S.
Dagong Global Credit Rating Co., the Chinese rating company that was recently rejected in its bid to be an officially recognized bond rater in the U.S., just downgraded the entire U.S. The always objective Xinhua has the “scoop.”

Was that sarcasm from the Wall Street Journal?!

Cheers!

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