tag:blogger.com,1999:blog-5673441815180854503.post7326709273334162465..comments2023-09-10T09:54:59.309+01:00Comments on Screwtape Files: DID Standard & Poor Shoot itself in the foot by downgrading the USA from AAA to AA+?Louis Cypherhttp://www.blogger.com/profile/07670126160101669248noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5673441815180854503.post-6753978392135428932011-08-07T15:11:30.137+01:002011-08-07T15:11:30.137+01:00So Armstrong is a Keynesian? I agree with his vie...So Armstrong is a Keynesian? I agree with his view that the downgrade will mean nothing for the dollar as a reserve currency as the world has no choice but to buy our bonds. But the solution is not to just keep borrowing and spending to infinity - that's what got us in this mess.Spicy Guacamolehttps://www.blogger.com/profile/01838769139269608716noreply@blogger.comtag:blogger.com,1999:blog-5673441815180854503.post-39042510287472742522011-08-06T23:21:08.482+01:002011-08-06T23:21:08.482+01:00Sorry about the formatting. Just trying to get it ...Sorry about the formatting. Just trying to get it out there ASAP. I'll clean it up later.Louis Cypherhttps://www.blogger.com/profile/07670126160101669248noreply@blogger.com