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Replies to Msg. #640774
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 Msg. #  Subject Posted by    Board    Date   
05508 Re: AAA rating
   http://www.huffingtonpost.com/robert-reich/the-biggest-driver-in-the_b... 		orda   ALEA   27 Jul 2011
 4:55 PM
05506 Re: AAA rating
   Hi CF, although I agree w/ your point, I personally haven't yet graspe... 		tkc   ALEA   27 Jul 2011
 4:50 AM

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Re: AAA rating

By: Cactus Flower in ALEA
Wed, 27 Jul 11 2:01 AM
Msg. 05505 of 54959
(This msg. is a reply to 05504 by orda)
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Yep.

I just don't see how you can have Uncle Sam's debt decline relative to other forms of debt. If US debt is more risky, so is every other form of debt - if not more so. So relatively, nothing is changed, except that other forms of debt are perhaps more risky.

What is the Platonic AAA rating meant to be if it isn't the US itself?