Tag: USA

America Abandons Europe

Sixty-one years to this day since the film clip that follows was made, the US Secretary for Defence, Robert Gates, now retiring having served under  both George Bush and Barak Obama, has given notice that the US can no longer…

America’s credit wobbles

The fuss about S&P’s “AAA with negative outlook” for US credit is remarkable mainly for being so far behind the curve. The Beijing-based Dagong credit rating company gave America a significantly lower “AA” with negative outlook, back in July 2010…