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This sucker could go down by Alexander Ulrich
By jbcobb | November 13, 2009
The following article was written by Alexander Ulrich, and posted at adamsmith.org.
The UK’s credit rating is at risk. Fitch, one of the leading rating companies, could take away the UK’s AAA rating if the government doesn’t take care of its extensive government borrowing. According to Fitch’s co-head of global sovereign ratings David Riley, Fitch would have removed the UK from it’s AAA rating if it wasn’t for the fact that they expect the next government to consolidate fiscal policies.
Read Alexander Ulrich’s entire article right here.
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