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Wednesday, July 27, 2011

REQUIEM FOR A AAA RATING: Barclays Weighs In

REQUIEM FOR A AAA RATING: Barclays Weighs In


Japanese cemetary
From Barclays, an acceptance that the US AAA-rating is toast.
So they look back at when Japan first lost is AAA-rating and basically concludes that ratings don't matter.
Economic fundamentals do.
Here you go.

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