http://economistsview.typepad.com/economistsview/2011/08/retired-moodys-sovereign-rating-director-the-sp-downgrade-is-unwarranted.html
Interesting though that there is no comment on the monetization of the debt, devaluation of the dollar as a result of debt build up. That's partly what the exorbitant privilege has allowed the US to do--inflate away its debt; that escape route may be closing faster than we think.
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