- Silver Report Uncut
Today we the a look at the market at most risk of a flash crash. Now we see several high profile companies have increased their debt many times over yet they hold on the their investment grade status. This is because the Ratings agencies look for all types are reasons to not do grade companies. If ratings agencies were honest based on the increase of debt alone we would have seen wide spread downgrades of falling angels. What good are ratings if their not rating?