Dagong downgrades us to a- from a

[ScienceRocks]

DAGONG DOWNGRADES US TO A- FROM A

SINGAPORE, Oct 17 (IFR) - Chinese rating agency Dagong has downgraded the United States to A- from A and maintained a negative outlook on the sovereign's credit.

The agency suggested that, while a default has been averted by a last minute agreement in Congress, the fundamental situation of debt growth outpacing fiscal income and GDP remains unchanged. "Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future," Dagong said in a press release.

DAGONG DOWNGRADES US TO A- FROM A | Reuters

China downgrades the US. The tea party sinks like shit.

 

[Remodeling Maidiac]

Meanwhile the stock market CONTINUES to rise as gas prices fall. And you don't find this move a bit suspicious?

 

[LordBrownTrout]

The old guard establishment are the ones who wreak.

 

[Remodeling Maidiac]

All we need is a little science and infrastructure! The solution to the problems of the universe.

 

[TNHarley]

DAGONG DOWNGRADES US TO A- FROM A

SINGAPORE, Oct 17 (IFR) - Chinese rating agency Dagong has downgraded the United States to A- from A and maintained a negative outlook on the sovereign's credit.

The agency suggested that, while a default has been averted by a last minute agreement in Congress, the fundamental situation of debt growth outpacing fiscal income and GDP remains unchanged. "Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future," Dagong said in a press release.

DAGONG DOWNGRADES US TO A- FROM A | Reuters

China downgrades the US. The tea party sinks like shit.

YES! damn those bastards that follow the COTUS and seek a balanced budget!
DAMN EM TO HELL!