Asia stocks dip on U.S. belief downgrade
Rating agencies such when S&P, Moodys and Fitch examine gamble and confer debt a grade to is understood to indicate the borrowers skill to repay its loans. The safest bets are stamped AAA. Thats someplace the U.S. debt has stood in favor of years.Moodys chief assigned the United States an AAA rating here 1917.