Saturday, August 6, 2011

U.S. AAA Rating Lost - Jim Rogers: US never scraped out of 2008 depression

The United States’ prized top AAA credit rating has been cut for the first time ever. Standard & Poor’s has dropped America’s ranking to AA+. Asian investors are getting cagey on the back of what’s been a tough week for America’s economy. Jim Rogers says they’re ditching bonds.

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