2. America is in best case a BBB rating but its not a matter of some analysts getting fired as Marla from zerohedge states. The global implications are too big as Moody's would ever dare to downgrade US debt before 2020. The CIA/NSA or whoever REALLY SECRET SUBGROUP would take care of such events with accidents and heart illness cases.
Excerpt
Moody's Absolutely Does Not Fail to Issue Timely Non-Downgrade Downgrade on United States and United Kingdom Debt
The passage of time, in addition to being subject to dilation through the effects of e.g., relative velocity, also suffers numerous perceptual contortions depending on the observer's particular state of mind. For the purposes of day to day affairs, most humans not at relative velocities to their immediate surroundings that reach a significant fraction of the speed of light, would find these subjective changes normally accounting for the largest perceived deltas in the passage of time ("a watched pot never boils, etc.") Of course, as with most of the laws of nature, the regina scientiarum and, if you believe their analysts, even the laws of thermodynamics, when it comes to the ratings agencies, all bets are off and mere humans unable to shift their perceptions into rates more in line with geologic observations will be doomed to frustration and folly. So it is this morning with Moody's, which has, ever so subtly, maybe warned of what might someday develop into conditions that, in exactly the right environment, could potentially result in a downgrade for the Aaa rated United States and the United Kingdom... maybe sometime around 2013 or so, maybe. (Proving once and for all that Moody's finally fired analysts John Cusack and Amanda Peet).
No comments:
Post a Comment