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There are plans to set up European Agency's. Mainly to add balance to the US colored ratings. For now you could also check the Chinese Rating Agency: "The Dago
by digitalengineer 14y ago
There are plans to set up European Agency's. Mainly to add balance to the US colored ratings.
For now you could also check the Chinese Rating Agency: "The Dagong Global Credit Rating Company, which lowered the United States to A+ last November after the U.S. Federal Reserve decided to continue loosening its monetary policy, announced a further downgrade to A, indicating heightened doubts over Washington's long-term ability to repay its debts."
http://edition.cnn.com/2011/BUSINESS/08/02/china.us.rating/index.html http://edition.cnn.com/2011/BUSINESS/08/02/china.us.rating/i...
Funny, communists lowering a credit rating because it's too socialist (Keynes and loose money policy).