The Idea That The U.S. Is Downgraded And The UK Is Not Is Lunacy

The idea that the U.S. is downgraded and the UK is not is lunacy. There are many countries, Belgium, Spain, lots of countries in Europe, that should be downgraded just as the U.S. has been downgraded.

The Investment World Knows That The U.S. Is Not AAA

"Everyone already knows that the U.S. has lost its AAA status. Anyone who knows what is going on, already knows that the U.S. is now the biggest debtor nation in the history of the world. It’s only S&P and Moody’s that haven’t figured out what is going on. The investment world knows that the U.S. is not AAA."

Jim Rogers in the WSJ

Jim Rogers on FOX Business News 07/11/11