Monday, August 8, 2011

S&P downgraded US Govt Debt.

What happens as a result? Uncertainty and the stock markets tank. Where does all the money fly? In search of risk-free assets. What do they find most safe? US Govt Debt, and they shoot up. Abracadabra. World is round, theorem proved.

http://www.cnbc.com/id/44057166

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