August 21, 2011

How Can The US Hold AA+ And China AA-?

Why is China, the world’s biggest creditor nation — we owe China trillions — how could they be rated AA-, and we’re rated AA+? What kind of twilight world is the world’s biggest debtor a bigger risk than world’s biggest creditor? - in Beacon Equity

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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