Detailed text transcripts for TV channel - MSNBC - 20110808:15:06:00
Are countries that have higher debt to gdp ratio that have a higher grait grade than the united states with much smaller markets, less per capita income. there are many, many curious anomalies in how s&p has chosen to grade this country. it's almost like when you read it, they prefer we have a dictatorship because then the dictator could mandate the debts be paid. >> steve, can i make one point off that? >> sure, go ahead. >> listen to this. one thing s&p emphasizes is that basically have you to start cutting entitlements. all those other countries, advanced economies steve just mentioned, the...
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