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Fitch Finds US Worst Of The AAA-Rated Best, Sees QE2 As Stoking Inflation Expectations
Since by now it is all too clear that none of the rating agencies will dare to downgrade the US until well after its creditors realize they have all been taken for the proverbial ride, and even longer after the Fed owns a vast majority of US treasury bonds, which according to CNBC is great, … Continue reading