Moody's

"China unveils first sovereign credit rating report," and this news is spreading like wild fire in the West. One reason is the report ranking the U.S. lower than China. Here is a brief take on it at Seeking Alpha: "The Unthinkable: U.S. Stripped of AAA Credit Rating by Chinese Agency." The English version of the report is here. While Dagong Global Credit Rating Co., Ltd. … [Read more...] about Dagong rates U.S. credit worthiness below China’s and the impeccable timing of the report