8/10/11

The Triple-A Club

Because their governments are considered stable and their bonds are safe the triple-a club is able to borrow at a low cost. Since the United States has been kicked out of this club there are still quit a few still in it. Norway, Sweden, Germany, France, Canada and even the Isle of Man are just a few of them that are considered to have the stamp of approval. Currently the lowest rated country in the world is Greece.

What will happen with the stock market today is any ones guess, but I feel it will be a long, long, long time before the United States will get back on it’s feet.

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