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To: AmericanInTokyo
Egan-Jones already downgraded USA credit rating to AA+ last weekend. LSM did not report it. They are a small firm, not as well known as Moody's and S&P, but they correctly called the looming 2008 meltdown before the other larger firms.
21 posted on 07/31/2011 8:34:29 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: greeneyes
Chief Strategist for Mitsui Sumitomo Bank in Japan Mr. Daisuke Uno says, "regardless of a US debt "deal" struck in the last few hours, the Creditworthiness of the United States has been damaged and the problem is NOT SOLVED." This quote is just breaking.

23 posted on 07/31/2011 8:39:04 PM PDT by AmericanInTokyo (Herman Cain should increase security as Islamists would "fatwah" him for telling the truth on them.)
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