From Business Insider:
Basically, it looks at total issuance of AAA-rated credit by year. You can see there are twin peaks: First in 2005 and 2006, during the worst of the housing-related excess, when garbage was repackaged into AAA, and then following that AAA-rated issuance peaked again when governments bailed out the financial sector.
So now… well, you know what’s going on these days.
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Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.
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