Monday, December 26, 2011

dont pay any attention to the Credit Rating Agencies

Jim Rogers: The solution to too much debt is not more debt, not more spending. The solution is to cut spending dramatically. All these countries should lose their credit ratings. It’s astonishing to me where these credit rating agencies have been? I mean we know that they’ve been basically wrong for 15 or 20 years about just about everything they’ve done. Lelde, please don’t pay – well you’ve got to because you’re a journalist, but I don’t pay any attention to those guys. I know they don’t know what they’re doing, why bother? - in Finance News Network Interview
Click here to watch the full interview>>>>>

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