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Friday, June 10, 2011

China Ratings House Says US Defaulting

via Allison Bricker

Editor/Publisher @ http://smargus.com/

Just like Ron Paul said:

"Washington had already defaulted on its loans by allowing the dollar to weaken against other currencies -- eroding the wealth of creditors including China, Guan said." - AFP, June 10th, 2011

ca.news.yahoo.com
Read 'China ratings house says US defaulting: report' on Yahoo! News. A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order.

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