Showing posts from August 2, 2011

Max Keiser : Wall street Banks want to downgrade America from AAA to junk

Max Keiser : The US Treasury bond market will be downgraded it will no longer carry the AAA rating no matter what they decide and this is exactly what Wall Street banks want because you do not make much money trading AAA rated US government debt , there is not much money to be made , the Wall Street bankers want the US debt downgraded to Junk status because they can make a lot more money trading junk