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Moody’s Calls Out the USD Haters

USD.jpgRussia and China can suck it re: the U.S. Dollar, according to Moody’s, “In the absence of a credible alternative it’s hard to see abrupt changes and that’s not even in the interest of the creditors,” Pierre Cailleteau, managing director of sovereign risk at Moody’s, said in an interview in Tokyo yesterday. The credit rating “remains solid,” he said earlier at a briefing.”
Do you like apples?

Moody’s Says World Has ‘No Credible Alternative’ to U.S. Dollar
[Bloomberg]