- Source, BBC:
Thursday, April 18, 2013
Countries Are in Serious Trouble
"I'm a little surprised it took Moody's so long to get around to lowering the credit rating. The UK, the US, and other countries are in serious trouble, and the world seems to know it. It's just the rating agencies that don't know it. "I suspect sterling will continue to go down in real terms against real assets."
