NewsWhore
08-14-2011, 08:50 PM
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The Real U.S. Crisis Is Not a Debt Downgrade: Simon Johnson (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFgrC1Ar_TPYzWkgffRxqxNkRwJ2A&url=http://www.bloomberg.com/news/2011-08-15/the-real-u-s-crisis-is-not-a-debt-downgrade-commentary-by-simon-johnson.html)
Bloomberg
Standard and Poor's proved beyond a reasonable doubt that the US still has the world's preeminent reserve currency. When shocks hit -- and investors have no idea who or what might be next in line for a downgrade -- they buy US government securities. ...
and more » (http://news.google.com/news/more?jfkl=true&ned=us&ncl=dWTSrZKT7aeg_wM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFgrC1Ar_TPYzWkgffRxqxNkRwJ2A&url=http://www.bloomberg.com/news/2011-08-15/the-real-u-s-crisis-is-not-a-debt-downgrade-commentary-by-simon-johnson.html)
The Real U.S. Crisis Is Not a Debt Downgrade: Simon Johnson (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFgrC1Ar_TPYzWkgffRxqxNkRwJ2A&url=http://www.bloomberg.com/news/2011-08-15/the-real-u-s-crisis-is-not-a-debt-downgrade-commentary-by-simon-johnson.html)
Bloomberg
Standard and Poor's proved beyond a reasonable doubt that the US still has the world's preeminent reserve currency. When shocks hit -- and investors have no idea who or what might be next in line for a downgrade -- they buy US government securities. ...
and more » (http://news.google.com/news/more?jfkl=true&ned=us&ncl=dWTSrZKT7aeg_wM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFgrC1Ar_TPYzWkgffRxqxNkRwJ2A&url=http://www.bloomberg.com/news/2011-08-15/the-real-u-s-crisis-is-not-a-debt-downgrade-commentary-by-simon-johnson.html)