Users Online Now:
3,054
(
Who's On?
)
Visitors Today:
1,149,734
Pageviews Today:
2,199,220
Threads Today:
1,034
Posts Today:
19,338
11:00 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
US Triple-A Rating in Jeopardy on eve of Bernanke Speech on USD
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 566027:MV8xMjIyMTA3XzE5ODgxNTY4XzI3MUEzQ0I3] And this will also come down the pike today: [b]U.S. to Judge China's Yuan Policy as Elections Near[/b] October 15, 2010 [i]President Barack Obama's administration faces a tough call on Friday whether to label China a currency manipulator, a move many U.S. lawmakers say is overdue but one that could sour Sino-U.S. relations.[/i] Full Source: http://abcnews.go.com/Business/wireStory?id=11887359 A lot of action. [/quote]
Original Message
This is it folks, US is in the same league as Ireland and Portugal - it is now official. Next, Moody's will give the warning and then the ratings drop.
Bernanke speaks today in Boston and many think he will highlight a further policy that will weaken the USD. And if Obama does not come out against the China policy on their Yuan, well, then the USD will sink to lows of lows:
US Triple-A Rating in Jeopardy as Currency Wars Intensify
10/15/10
See:
[
link to newsusa.myfeedportal.com
]
This is a key day, for we also have options expiration on Wall Street.
King of the P.I.I.G.S
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>