In last week’s update we wrote “It is in reality a joke that the US still holds this status as their debt levels are already beyond the point of no return and the fact that the US still holds the triple A rating shows how much of a joke the rating agencies are.” This weekend [...]
Tag Archives | Joke
LS Trader Weekly Update – Monday 1st August 2011
All the focus will be on the US debt debate relating to raising the US debt ceiling in order for the US to avoid default and lose their AAA credit rating. It is in reality a joke that the US still holds this status as their debt levels are already beyond the point of no [...]
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