- S&P is stating the obvious. These rating agencies have not done their job for a long time. Remember how they rated junk MBS as ‘AAA’ and were a main contributor to the real estate collapse? Why are they doing their job now? These agencies are Illuminist owned. There is some kind of war between the Anglo-American Illuminati and the European Illuminati. The Anglo-Americans want to maintain the USD and the global monetary hegemony out of London and New York. This is setting up for a future war between the Mystery Babylon Whore and 10 Horn Beast in Revelation 17.
S&P says likely to declare Greece in default !
(Reuters) – Standard & Poor’s will likely downgrade Greece’s ratings to “selective default” when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday.
“It’s not a given that Greece’s default would have a domino effect in the euro zone,” John Chambers, the chairman of S&P’s sovereign rating committee, said in an event organized by Blooomberg Link.