The U.S. Debt Rating: Downgraded into Mysticism

by Dawn Occidere Standard and Poor’s downgrades the U.S. debt rating, the Dow Jones goes into a wild tailspin, and meanwhile Italy enters its own debt crisis, and stock markets in Asia and the Middle East sharply dip as an immediate response to the fears elicited by EU officials and the venerable S&P.  (A report […]