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The Great Wall Of Downgrade

China is now coming out swinging against Helicopter Ben's QE2 as the country's bankers have laid another debt rating downgrade from AA to A+ on the US. Dagong has downgraded the local and foreign currency long term sovereign credit rating of the United States of America (hereinafter referred to as “United States” ) from “AA” to “A+“, which reflects its deteriorating debt repayment capability

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