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The truth about Credit Rating Agencies and speculators
Protesilaos Stavrou 2 Years, 7 Months, 2 Weeks, 5 Days, 1 Hour, 45 Minutes ago
"Ban Credit Rating Agencies!" is the kind of call we hear every time there is a downgrade of the creditworthiness of an ailing Euro zone economy. Uttered by demagogues or other "socially conscious" opinion-makers who think that downgrades per se caus...