Greece is downgraded by Moody’s, but not sufficiently to worry about the country’s ability to borrow!
Apparently, the ratings agency, which did such a bang-up job on mortgage backed securities and other toxins, is betting that words will do for now so long as promises are kept.
The Greeks have a word for this: ψύχωση
Gorilla thinks: “The psychosis of today is the cirrhosis of tomorrow!”
