An MMT site bringing you dogma-free economics without the pleadings of self interest
The rating agencies are clueless and have already done enough damage. Time to shut them down!
Well said Mike!I give you AAA+ for this rant :)!Stay safe in the saddle!
Nice video Mike. You should do a video on that letter, explaining and emphasizing key-points and highlighting contradictions the letter shows. I would feature parts of that letter in future videos, with a link to the letter( or post on this blog where the letter is easily accessible). :)
With that has happened with the agencies I would suggest they're by no means stupid. They're the propaganda division of a large boiler room operation called wall street
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