June 11, 2011 § Leave a comment
blog from me today… chasing those confirms that I am..
Fraser is pretty sharp and in this topic’s regard he is wearing well-focussed specs.. like this clip:—
In recent weeks the New York-based company [ Moody’s ] has put America on notice, warning that the US’s debt is at risk of being downgraded; saying there’s a 50% chance of a Greek sovereign default by 2015; and telling us that UK and US banks are at risk of a downgrade because of the unlikelihood that their governments will be prepared to fund any further bailouts.
Which to me suggests a mebbe in the range of possible meanings readers can discern there. Namely, a US home-based political frame that would delight the GOP and BigInvestor republicans. Who themselves are both reliant on CRAs and in need of screwing down opposed administrations.
For you, followers all, and whether this CRA(credit ratings agency) rings true or not, allow me suggest you read Tucker’s take.. and the “mechanistics” angle whose other language looks a tad familiar ( aka new friend )