Spain Placed by Moody’s on Review for Possible Downgrade

They all quickly go to junk if the US goes cold turkey to a balanced budget

> Spain Placed by Moody’s on Review for Possible Downgrade
> 2011-07-29 05:20:32.543 GMT
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> By Maria Ermakova
> July 29 (Bloomberg) — Spain’s Aa2 ratings were placed by
> Moody’s Investors Service on review for possible downgrade.
> The country’s Prime-1 short-term ratings are unaffected by
> today’s action, Moody’s said.

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