Federal Reserve Delays Taper Continues Debasement
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In July of 2001, Standard and Poor's (S&P) cut the financing rating of Argentina. S&P did the same thing to the U.S. rating 10 years later (2011). There was uproar all of the halls of Congress within this even though arguably, the lower credit rating could attended much before. To make matters worse, Ough.S. credit agencies granted pristine ratings to mortgage-backed securities inside their heyday. Fitch, another credit agency, is warning of further action against the U.S. enjoying a.
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