Michele Kearney's Snuffysmith's Blog Major Foreign Policy, Economics, Energy, and Irrelevancies of the Day
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Monday, August 15, 2011
A precipitate, wrong and dangerous decision
http://www.ft.com/cms/s/0/3319e6c8-c1b0-11e0-acb3-00144feabdc0.html#ixzz1V71rvluS
The downgrade by Standard & Poor’s of US sovereign debt, from triple A to double A plus, was precipitate, wrong and dangerous.
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