School of Economics | Moody’s Upgrade
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14 Dec

Posted at 00:39h in SOE by
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Prabhat Patnaik November 20, 2017 Credit-rating agencies, discredited by the collapse of the housing bubble in the United States when they had blithely endorsed all so-called “sub-prime lending”, are now crawling out of the woodwork, and the Indian establishment is predictably impressed by the sight. Moody’s...