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One would think that the fact that this warning is coming from S&P would be significant, wouldn't one.

Is this an indication that they are starting to integrate this aspect in their rating process?

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Thu Nov 30th, 2006 at 06:41:38 AM EST
see my diary on PPPs

PPPs, the long term perspective and the taxpayer

When through hell, just keep going. W. Churchill

by Agnes a Paris on Thu Nov 30th, 2006 at 07:08:33 AM EST
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