[UAConservative]

A prognostication of our future?

[OCCASparky]

A prognostication of our future?

Yep--and probably sooner than you think:

http://www.washingtontimes.com/news/2009/dec/23/tempting-the-tipping-point/

[RoadGumby]

Stocks rally as the downgrade was UNEXPECTEDLY mild. Move along now.

[UAConservative]

Greek debt is expected to hit 125% of GDP next year.

A list of Moody's credit ratings.

• Investment Grade
  Aaa - “gilt edged”
  Aa1, Aa2, Aa3 - high-grade
  A1, A2, A3 - upper-medium grade
  Baa1, Baa2, Baa3 - medium grade
  
• Speculative Grade
  Ba1, Ba2, Ba3 - speculative elements
  B1, B2, B3 - lack characteristics of a desirable investment
  Caa1, Caa2, Caa3 - bonds of poor standing
  Ca - highly speculative
  C - lowest rating, extremely poor prospects of attaining any real investment standing