The list of AAA rated Countries is getting shorter

Dear PGM Capital Blog readers, Last Friday, January 13th, credit rating agency Standard & Poor, downgraded 7 European countries for which France & Austria lost their AAA credit rating. Moody’s also downgraded the US State of Illinois to A2, the lowest rating of any USA state.   We believe that within 6 – 18 months the United Kingdom will[…]