This is not about any real or alleged might of (private) rating agencies — you know, the ones roughening up the financial markets these days.
Given the recent influx of news about downgrades of banks and nations, I simply start to wonder what will happen when the triple-A category empties out (which it will — the last few nations will be ejected as a consequence of currency explosions (CHF) and forced bailouts of others (EU).
Will the whole circus start anew? And if so, why do we even pay any attention??
Gosh do I wish that people started to form their own opinions again.
NP: Fila Brazillia: Power Clown
