If there is one piece of news over which I lost no sleep in the past week it has been the demotion of the UK from its triple A rating by Moody’s credit rating agency. It has no more significance than a critical newspaper article. The US and France have already been degraded with hardly a ripple. Nor have the agencies shown great insight about the strains on the world economy in recent decades. They remain the assessments of individual people.
如果說最近有一則新聞絲毫沒有影響我睡眠的話，那便是信貸評級機構穆迪(Moody's)下調英國主權債務的AAA評級。它的意義並不比一篇批評性的報紙文章更重大。之前美國和法國的評級下調未能激起多少波瀾，而評級機構近幾十年來也沒有展現出對世界經濟緊張形勢的真知灼見。它們仍是個人的評判。
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