Thursday, June 25, 2009
US Dollars still Aaa
Moody’s Investors Service said the dollar’s unchallenged status as the world’s reserve currency is supporting U.S.’s Aaa credit rating even as the nation’s budget deficit is set to quadruple this year. Details here.
IMO: Obviously there is still a depression, some people are switching from US Treasury holdings, but for the individual it depends on your circumstances.
IMO: Obviously there is still a depression, some people are switching from US Treasury holdings, but for the individual it depends on your circumstances.
# posted by uv : 3:46 AM
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