Replies to Msg. #643462
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 Msg. #  Subject Posted by    Board    Date   
05576 Re: Downgrade is meaningless
   Chinese Agency Downgrades U.S Credit Rating http://news.yahoo.com/c...
killthecat   ALEA   07 Aug 2011
5:21 PM
05575 Re: Downgrade is meaningless
   S&P makes a critical & valid point, this Congress is dysfunctional....
clo   ALEA   07 Aug 2011
3:57 PM

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Re: Downgrade is meaningless

By: Cactus Flower in ALEA
Sun, 07 Aug 11 7:28 AM
Msg. 05574 of 54959
(This msg. is a reply to 05572 by Cactus Flower)
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One extra point.

The view of S&P is essentially one person's view. Nothing more.

Does S&P employ the best economists in the world to provide their opinions. Nope.

We're dealing with at best a second tier opinion.

There's grandeur in a corporate name. But let's not pretend we are in crystal ball territory here.