[A-List] AAA ratings, USA, Argentina

["Nestor Gorojovsky" <nestorgoro@xxxxxxxxxxxxxxx>]

Financial Times, as quoted by Michael K.:

"The rating agencies downgraded Japan, the world's largest creditor 
country, to the level of Botswana despite the fact that its vast 
public sector debt was owed mainly to the Japanese people. Yet the US 
retains a Triple A rating while doing its best to turn itself into 
Argentina -- albeit with the difference that it borrows in its own 
currency. My suggested motto for the rating business: Forever Behind 
the Curve. Or should I save that for Alan Greenspan's Federal 
Reserve?"

Not a minor difference, which explains the AAA rating.  Argentina was 
forced to get indebted in foreign currency by the same guys who are 
now indebting USA in the currency they control.

BTW: the "AAA" was one of the main Death Squads operating in 
Argentina during the mid-late 70s. These squads were the shock troops 
of those who got us into debt, who were at the same time allies and 
partners of the same forces that lead US finance.

On every account, USA deserves the AAA well.

Néstor Miguel Gorojovsky
nestorgoro@xxxxxxxxxxxxxxx

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"Sí, una sola debe ser la patria de los sudamericanos".
Simón Bolívar al gobierno secesionista y disgregador de 
Buenos Aires, 1822
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