3 ms·
A AAA rating from US based agencies. Moody's talked about downgrading the US and Geithner said "That will never happen in this country."
by daniel-cussen 17y ago
A AAA rating from US based agencies. Moody's talked about downgrading the US and Geithner said "That will never happen in this country."
- jrockway 17y agoI don't really doubt the ability of the US government to pay back my loan to them. The economy would have to be about 1000x worse before I would start worrying about that. On the other hand, inflation could increase faster than the yields on those bonds, in which case you are out of luck. (And some yield curves look pretty strange these days, although not the USD yield curve.)