April 2011

S&P being silly again

20 April 2011

The debt rating agency Standard and Poor’s (S&P) has placed their rating of the US on negative outlook. What this means is that they are giving advance warning that they may downgrade their rating of the US from its current AAA level (the highest possible rating). Their actions were motivated by concern about “very large […]

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Travels

18 April 2011

This is a quick post to reassure regular readers that I have not given up the blog. The hiatus between posts has been due to travel. Seasons in Australia are not as distinct as they are in Europe and when I lived in England (many years ago) I always found the arrival of Spring the […]

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