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In other news today: Italy's credit rating was downgraded by Moody's.
In other news today: Italy's credit rating was downgraded by Moody's.
Not sure why this is down voted. It's relevant. If Greece goes down, it will be a signal to the markets that what was previously unthinkable is now realistic. The PIIGS are deep in shit.
It's just an hypothesis. It hasn't been downgraded yet.