On Friday, after the close of business in the stock market, S&P downgraded 9 European countries. Spain and Italy were both taken down another notch, leaving Italy with a BBB+ rating and Spain with an A. But the headline damage was done to France, whose triple-A rating got downgraded to AA+.
January 17th, 2012 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "US credit rating"
4 Ways to Protect Against a Falling Dollar
The US dollar is in bad shape. Over the past several years, the federal budget deficit has shot up like money is going out of style – and maybe it is.
September 9th, 2009 | Jim Nelson | 0 comments | Continued
