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S&P downgrades and social counterrevolution in Europe

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From World Socialist Web Site: http://www.wsws.org/articles/2012/jan2012/pers-j17.shtml Peter Schwarz 17 January 2012 The downgrading of nine euro zone countries by Standard & Poor’s is a politically motivated decision. The rating agency represents the interests of an international financial elite for whom the destruction of working class living standards is not proceeding far or fast enough. This [...]

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