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Live Video: Obama on the Downgrade

184
Stormageddon, Dark Lord of All8/08/2011 12:13:55 pm PDT

re: #164 lawhawk

There’s 15 countries with AAA ratings. And for what it’s worth, China, which has saying that the US should be knocked off its pedestal, has a rating two levels lower than that of the US:

And I’d say that the Chinese situation is not nearly as clear cut since they don’t have anything like the open books that are seen in the West.

A very valid point, How many of those countries are a part of the EU and tied to the Euro? Because I fully expect the EU to implode in the next 6 months.

You still have Australia, Canada, Singapore with AAA Credit Ratings outside of Europe, but beyond that… It’s damn grim out there.