Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Mc Mike

(9,168 posts)
3. They downgraded the gov's credit rating,
Sun Sep 8, 2013, 08:17 AM
Sep 2013

which caused market uncertainty that threw the stock market for a loop,

which caused investors to take refuge from the financial storm

by buying government bonds,

which they had just adjudged less reliable.


Ponzi, con game, pyramid scheme. That's the stock system.

Latest Discussions»General Discussion»S&P raises desperate ...»Reply #3