How about this: S&P (actually the US) made a move to convince the rest of the world that the US credit rating agencies can downgrade not only the rest of the world but also the US? To gain credibility for the US credit rating agencies? Look what is happening to the US Treasuries!
Just a thought, although a conspiracy theoretic one. Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
