Thailand: World s First Bitcoin Ban

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In July of 2001, Standard and Poor's (S&P) cut the financial lending rating of Argentina. S&P did which you can purchase to the U.S. rating 10 years later (2011). There was uproar their halls of Congress about this even though arguably, the reduced credit rating could have come much quicker. To make matters worse, U.S. credit agencies granted pristine ratings to mortgage-backed securities in their heyday. Fitch, another credit agency, is warning of further action against the U.S. this season.



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During morrison a pardon 70s and early 80s the country went into debt for state funded projects, a war with the U.K. for the Falklands islands, and state takeover of private debts. Compare that towards the U.S. discovery.

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