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Moody's Next Epic Failure: 'U.S. Remains a Solid AAA Nation' !!

 
Anonymous Coward
User ID: 706747
Mexico
06/24/2009 10:30 PM
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Moody's Next Epic Failure: 'U.S. Remains a Solid AAA Nation' !!
[link to seekingalpha.com]
Rivalrys
User ID: 625581
United States
06/24/2009 10:40 PM
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Re: Moody's Next Epic Failure: 'U.S. Remains a Solid AAA Nation' !!
Of course we will remain a AAA rated nation, credit wise.


They base that on the ability to pay back debts. They know you, the people, are liable for the debts and will pay through your taxes.

You will not revolt because you have too much to lose in America.

If you were in some shithole halfway across the globe with nothing to live for, you might chunk a rock or two before the government ran you over with a tank.

But in America, everyone is afraid of losing their job, and their pickup, and their house.

What you don't understand is, 80% of the people in the U.S. are 3 paychecks away from declaring bankruptcy.....and that figure has been like that for years and years and years.....that is what keeps sheeple waking up each morning and going to some meaningless job....the drive for more stuff than your neighbor.

AAA...they know you will pay it back
Anonymous Coward
User ID: 711058
United States
06/24/2009 10:41 PM
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Re: Moody's Next Epic Failure: 'U.S. Remains a Solid AAA Nation' !!
Oops, what happened to the long-delayed downgrade?

Did it go the way of the Amero?





GLP