in the shocking aftermath of more government spending titled " Quantitative Easing" (QE3), America receives yet another credit rating lower grade. So what happens when a country can no longer borrow money because of it's credit rating and no longer has a gold standard to back the printing of more money? It is the same as playing with monopoly money!
http://visiontoamerica.com/12204/us-credit-rating-downgraded-again/
No comments:
Post a Comment