Relevant:
- Chinese ratings agency threatens US with new debt downgrade
- Israel, Dubai, Saudi Arabia Shares Plunge in Wake of S&P Downgrade; Israel Drops 7%, Dubai 3.7%, Saudi 5.5%; Is S&P Downgrade to Blame?
- US Sees Possible Standard & Poor's Debt Rating Downgrade Coming, Officials Say
- MBIA Downgrade Increases Collateral Requirements;
- Morgan Stanley Put on Watch for Possible Downgrade by Moody's
2011-04-19 — jsmineset.com
``Management at the Fed therefore welcomes S&P's downgrade for if QE does not exist, who will buy at the bond offerings? Keep in mind that QE can be defined as "non-economic bond purchasing."'' -- Does the Fed need a downgrade warning to justify continuing to prop up Treasuries? It's a theory...
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