Saturday, May 23, 2009

As Stimulus Piles Up Dollars, Their Value Falls - NYTimes.com

Experts warned there might not be enough demand to sop up all those new dollars and dollar-denominated Treasury securities. That led investors to fret about the sustainability of the United States government’s AAA sovereign credit rating after the Standard & Poor’s ratings agency warned this week that the sovereign rating of Britain — which is spending hundreds of billions of pounds to engineer a recovery — is under threat.
As Stimulus Piles Up Dollars, Their Value Falls - NYTimes.com

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