Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Cold Heat

http://economictimes.indiatimes.com/International_Business/Moodys_keeps_AAA_rating_for_its_debt/articleshow/3520061.cms

How long do we keep our AAA rating as Paulson loads us up with debt while helping out his friends?


39 posted on 09/25/2008 8:43:23 AM PDT by NeoCaveman (End the Obamanation, Vote Maverick, McCain/Palin '08; Free Laz; Drill baby drill; Stand up for Chuck)
[ Post Reply | Private Reply | To 37 | View Replies ]


To: NeoCaveman
Governments rarely get downgraded unless they have problems with the government it's self, like a coup or whatever.

Governments can tax, and print money, and they have the entire country as a asset in a sense.

We will retain the AAA rating even into a bad recession, but a depression and civil problems would change that.

40 posted on 09/25/2008 8:54:06 AM PDT by Cold Heat (Well....................................That's .....that.........)
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson