November 12, 2011

Downgrading France Debt: What Was Behind The Mistake?

Maybe somebody called them up and put some pressure on them (S&P) because I have a hard time believing that a downgrade was issued by mistake. That’s hardly something you would do by mistake, either you are downgrading or you are not. - in KWN

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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