Ratings Deflation: A World Without AAA Bonds?
Posted on November 25, 2011 at 08:40 AM EST
First it was Greece, then Portugal, Ireland, Spain, Italy and France and Germany are maybe coming next. It seems that soon there will be no Euro countries left with AAA rating. Japan lost it a while ago and the US could follow when the next super-committee does not agree on what to cut or which [...]