TGregg Jan 27, 2011 #1 Jan. 27 (Bloomberg) -- Japanâs credit rating was cut for the first time in nine years by Standard & Poorâs as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen ($11 trillion) debt burden.
Jan. 27 (Bloomberg) -- Japanâs credit rating was cut for the first time in nine years by Standard & Poorâs as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen ($11 trillion) debt burden.
N number22 Jan 27, 2011 #2 Japanese will welcome such cut, this is great news for people short JPY. S&P is such a joke.
