Tag Archives: Agency

The Anatomy of Debt & Grading

Over the coming weeks there will undoubtedly be endless and seemingly incongruent commentaries over the S & P downgrading of U.S. Debt and why, with so many countries around the globe with far greater debt-hurdles (Japan for example), only the U.S.?  I know, I really must stop thinking rationally.

Many like myself will wonder why the wait and where exactly are Grading Agencies Moody’s and Fitch after all if the standards of practice are based on so-called fundamentals then is one to assume that uniformity is only measured by the degree of separation and methods which define their application? Or, is one only to conclude that the degree of application is only measured by the uniformity of the desired self-define prophesying upon which these Agencies can agree?

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