What's the use of these rating agencies? Morons are always behind! Looks like they're nothing but a salesman's tool to sell shit... Look! these securities are rated 'AAA'!
'AA' National Ratings denote expectations of very low default risk relative to other issuers or obligations in the same country. The default risk inherent differs only slightly from that of the countryâs highest rated issuers or obligations. No biggie.