[lbo-talk] US AAA bond rating questioned

Doug Henwood dhenwood at panix.com
Tue Dec 7 07:17:01 PST 2004


RE quoted:


>"Pimco's Mr. Gross declined to say what the U.S. rating should be, but cast
>doubt about whether it should remain at the top. "Take away our
>military might,
>and a lower rating would be a near-unanimous opinion," he said."

I.e., buy our bonds or we'll blow you up!

Doug



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