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Thread: U.S. Downgraded to 'Near Junk' by Weiss

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    Conspiracy Fool knightmare's Avatar
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    U.S. Downgraded to 'Near Junk' by Weiss

    Weiss Ratings on Friday downgraded its rating for United States sovereign debt to a "C-minus," or just one notch above a junk rating.


    http://www.thestreet.com/story/11186...cm_ven=GOOGLEN


    The new "C-minus" rating translates roughly to investment-grade ratings of "BBB-" at Standard & Poor's and "Baa3" at Moody's, both of which are one notch above junk status.
    "A wise man can learn more from a foolish question than a fool can learn from a wise answer."

    Bruce Lee

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