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spurgeonryan said:
And now they are saying another respectable credit rating company has not downgraded us! Fitch is there name I think. What makes the S&P so mighty?


Honestly a lot of people believe that your country hasn't really been AAA for awhile, but the fact that a lot of these companies might have hidden agendas and influences from others, has resulted in you guys keeping it. Soon or later the cards will crumble, these agencies could either point out the problem now, or be known in history as shallow rating companies.