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Friday, August 18, 2017
southern states

Southern States’ Credit Ratings On Hook As Washington Cuts Spending

The United States and France are not the only sovereigns whose credit ratings are in jeopardy these days. Until this week, bonds issued by South Carolina, Maryland, New Mexico, Tennessee and Virginia, normally rated AAA, were in similar jeopardy – not because of mismanagement by state governments but because their economies are propelled by federal […]

August 12, 2011