PDA

View Full Version : The Real U.S. Crisis Is Not a Debt Downgrade: Simon Johnson - Bloomberg



NewsWhore
08-14-2011, 09:50 PM
<img alt="" height="1" width="1" />
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&#39;s proved beyond a reasonable doubt that the US still has the world&#39;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 &raquo; (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)