Tagged with: reserve currency
suhasinisakhare.com
Credit Rating Agencies are pretty much a law unto themselves. Moody's recent intervention in the evaluation of Ireland's debt, projecting numbers on the higher side of the worst case scenario, was particularly pernicious . The Americans remain vary of regulating them. The Financial Reform Act passed into law in July 2010 imposed a higher measure of liability on them, but provided an escape route....
2 years ago
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