Thursday, June 9, 2011

municipal ratings would be affected


International rating agency Fitch (Fitch Ratings) on Wednesday said that if the U.S. debtceiling failed to August 2 or before the deadline set by the Ministry of Finance raised the U.S. sovereign debt rating will be placed on negative watch list. When the U.S. state and municipal ratings would be affected.louis vuitton monogram purses 

Fitch said that if the Treasury can not be due in August 15 when the coupon payments, Fitch will likely put the U.S. sovereign debt rating of local defaults file. In addition, if the 4 August 30 billion U.S. dollars due bills can be paid in full, will the underlying bonds, FitchRatings downgraded from AAA to B +. However, Fitch also said that the agency believed the United States will eventually raise the debt ceiling to reach an agreement.

Rogers for the dollar's status, warned that when the pound lost its status of international reserve currency, the pound depreciated by 90%, and the dollar will be too.

Rogers is also on the Federal Reserve Chairman Ben Bernanke (Ben Bernanke)expressed sharp criticism of the Fed chairman said it has not assumed any right thing,just know the printing dollars.

He said the Fed in June ended in the second round of quantitative easing (QE2), the Fed still will not give up, it still may be new names to print money.louis vuitton monogram wallets 

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