Off-Topic: China's S&P Rating

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	Name:	Lifer -
	Subject:	China's S&P Rating
	Date:	8/9/2011 3:10:43 PM

Like everyone else after the downgrade on Friday I heard a lot of BS about the rating and the rating system. The only thing that really interested me however, is that China, who has been buying our debt of late, has an S&P rating of AA-. That's AA minus where as we were just downgraded to AA+. How is it we are borrowing from someone with a lesser rating than ours? That makes NO sense. And even crazier is that we continue to pledge BILLIONS in foreign aide. So we borrow money to turn around and give away....

Other messages in this thread:

View Entire Thread

China's S&P Rating - Lifer - 8/9/2011 3:10:43 PM

China's S&P Rating - water_watcher - 8/9/2011 3:14:33 PM

China's S&P Rating - GoneFishin - 8/9/2011 9:56:58 PM

China's S&P Rating - MrHodja - 8/9/2011 10:05:53 PM

GF and the rest of the mosquitoes - Barneget - 8/9/2011 10:48:07 PM

China's S&P Rating - water_watcher - 8/10/2011 7:21:07 AM

and jellyfish ... - water_watcher - 8/10/2011 7:30:07 AM

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