The Other Flow of History

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by Joe on March 16th, 2010

Filed under: Coffee with Joe, Current Events, FAQs, History, Joe's Video Replies, Videos | Tags: , , , , ,

Joe responds to the ModernMystic that society will err in a major way if we even consider that the ratings agencies can determine the cost of government’s efforts to maintain economic stability, when it was the ratings agencies that caused the government’s actions in the first place by the agencies’ failure to properly “rate” the risk level of the toxic asset investments.

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