EconomicsOctober 23, 2009 4:36 am
Hope and Change (to AAA rating)!
Well, it's a change anyway:
Still, I've just bought some US government bonds ... but they're inflation indexed bonds. With the $US set to plunge, that's the precise definition of inflation, even if a certain tax-dodging Obama Regime economic official doesn't freakin' know that. At least I can protect some of my money this way.The United States my lose its AAA-rating if it can not control its deficit hike, rating agency Moody's Investors Service warned on Thursday.
