Firstpost.com, 8 Aug 2011
Britain and several euro zone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitative easing to get their economies moving, American investor Jim Rogers said on Monday.
“The idea that the US is downgraded and the UK is not is lunacy. There are many countries, Belgium, Spain, lots of countries in Europe, that should be downgraded just as the US has been downgraded,” Rogers said in an interview with Reuters Insider. Full story
Related:
Britain, other eurozone countries face ratings cut: Jim Rogers - Reuters
