Or in this case, actually, the turd nugget in the rough. It looks like the United States is going to lose it’s nice FICO score. To wit:

The United States is at risk of losing its triple-A credit rating unless it starts putting its finances in order, a former head of the agency in charge of fiscal accountability said.

So much for those new shoots the guys who have something to sell you are telling you they see.

“Signs are abound that we are in even worse shape now, and that confidence in America’s ability to gain control of its finances is eroding,” he said. His comments helped push the dollar index to a four-month low.

Apparently credit agencies have been warning about this since 2005.

Tags: depression 2.0, no really we're really fucking fucked this time

This entry was posted on Tuesday, May 12th, 2009 at 22:13.