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Thursday, May 21, 2009
8:06 AM TweetThis
  • S&P downgrades the U.K. economy to Negative from Stable, a move that embarrassed the British Treasury and sent sterling lower. S&P is worried the government debt burden could approach 100% of GDP and remain there for some time. This, after yesterday's blistering IMF report. (ETF: EWU)

This news story has 1 comment:

  •  
    And yet the US is still AAA...
    May 21 08:12 AM | Link | Reply
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