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Title: SCOOP !!!! USA LOST AAA+ Post by: rouhaud on August 06, 2011, 01:59:21 AM The USA lost the AAA+ notation
GO see : http://lci.tf1.fr/filnews/economie/les-usa-se-preparent-a-un-abaissement-de-leur-note-6622863.html http://www.20minutes.fr/article/767044/dette-note-etats-unis-abaissee-premiere-fois Title: Re: SCOOP !!!! USA LOST AAA+ Post by: berndl on August 06, 2011, 03:58:04 AM Who cares? Sooner or later they'll get their AAA+ rating back, because they're TBTF.
--berndl Title: Re: SCOOP !!!! USA LOST AAA+ Post by: toffoo on August 06, 2011, 04:01:51 AM There's actually no such thing as a AAA+ rating. It's just AAA.
Title: Re: SCOOP !!!! USA LOST AAA+ Post by: FractalUniverse on August 06, 2011, 08:19:48 AM ouch
will be likely wild markets open on sunday/monday lets see if bitcoins remain stable or rise http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html (http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html) Quote Standard & Poor’s downgraded the U.S.’s AAA credit rating for the first time, slamming the nation’s political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits. S&P lowered the U.S. one level to AA+ while keeping the outlook at “negative” as it becomes less confident Congress will end Bush-era tax cuts or tackle entitlements. The rating may be cut to AA within two years if spending reductions are lower than agreed to, interest rates rise or “new fiscal pressures” result in higher general government debt, the New York-based firm said yesterday. Title: Re: SCOOP !!!! USA LOST AAA+ Post by: JCbit on August 06, 2011, 09:53:03 AM i'm also curious to see how this affects the bitcoin prices
Title: Re: SCOOP !!!! USA LOST AAA+ Post by: RogerR on August 06, 2011, 12:58:15 PM i'm also curious to see how this affects the bitcoin prices Most likely through dropping US$ exchange rates... once SEPA trades start working again on MtGox, maybe sooner through Asian markets. Perhaps Chinese realizing now it'd be good to finally get into bitcoins after all? Same thing applies to mainstream US Americans. ;D Title: Re: SCOOP !!!! USA LOST AAA+ Post by: Anonymous on August 06, 2011, 03:16:04 PM This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth.
Title: Re: SCOOP !!!! USA LOST AAA+ Post by: AyeYo on August 06, 2011, 03:30:21 PM This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) Title: Re: SCOOP !!!! USA LOST AAA+ Post by: Anonymous on August 06, 2011, 04:01:44 PM This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) Title: Re: SCOOP !!!! USA LOST AAA+ Post by: AyeYo on August 06, 2011, 04:38:36 PM wtf does that mean?
Title: Re: SCOOP !!!! USA LOST AAA+ Post by: JeffK on August 07, 2011, 06:31:36 AM This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) I can never tell if you just have zero knowledge about anything (especially economics), or if you have some Atlas-post-generating program that just strings words together. Title: Re: SCOOP !!!! USA LOST AAA+ Post by: TheGer on August 10, 2011, 09:45:12 PM The Stock Market is a completely rigged game. All they need to do is push a few buttons and stocks will rise or fall.
This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) Title: Re: SCOOP !!!! USA LOST AAA+ Post by: AyeYo on August 12, 2011, 09:53:52 PM The Stock Market is a completely rigged game. All they need to do is push a few buttons and stocks will rise or fall. This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) That has nothing to do with the point I made. Also, if it was that rigged then Goldman wouldn't pay analyts and traders hundreds of thousands of dollars per year. They'd just have one guy at a terminal generating them infinite money. Title: Re: SCOOP !!!! USA LOST AAA+ Post by: JeffK on August 12, 2011, 11:31:20 PM The Stock Market is a completely rigged game. All they need to do is push a few buttons and stocks will rise or fall. This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) Yeah, I'm pretty sure that the DJI doesn't have up and down buttons to influence public opinion. This isn't mtgox we're talking about. Title: Re: SCOOP !!!! USA LOST AAA+ Post by: AyeYo on August 13, 2011, 11:41:16 AM The Stock Market is a completely rigged game. All they need to do is push a few buttons and stocks will rise or fall. This isn't news. We've been a AA country for quite awhile. The rating agency means squat. The market has known the truth. Yea bro that's why the Dow fell 800 points in the last two days when the first downgrade news broke; obviously the downgrade was already priced in. ::) Yeah, I'm pretty sure that the DJI doesn't have up and down buttons to influence public opinion. This isn't mtgox we're talking about. hahahaha :D Title: Re: SCOOP !!!! USA LOST AAA+ Post by: Vladimir on August 13, 2011, 11:46:41 AM The only AAA+ institution I know is my wallet.dat
Title: Re: SCOOP !!!! USA LOST AAA+ Post by: FlipPro on August 14, 2011, 09:15:30 AM The only AAA+ institution I know is my wallet.dat LOL Solid Bitcoiner Response ;) |