Moody's warns nations to cut spending or risk AAA ratings - washingtonpost.com

Moody's warns nations to cut spending or risk AAA ratings - washingtonpost.com: "...Moody's said that debt levels in the four large credit-worthy economies had reached the point at which they are at risk of being downgraded..."growth alone will not resolve an increasingly complicated debt equation. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal