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Or it could be that the downgrading process has evolved into an exercise in self-promotion, rather than an accurate barometer of investment risk.
For example, the age-comparative item may enhance health assessments due to a self-protective 'social downgrading' process [ 35], whereas the forced temporal aspect of the self-comparative item elicits more negative ratings as it makes recent negative changes in health more salient [ 36].
The idea is to "downgrade" the process into something low-key, routine and stigma-free.In this section A dose of dissent The ideal versus the best Tooth fairies Atto boy! Reprints Related items AIDS in southern Africa: Fighting backMay 9th 2002 AIDS in Botswana: A new approachAug 9th 2001Until now, a potential test subject had to opt in, by asking for a test.
In fact, credit agencies seem to pride themselves on who is the first to downgrade, a process that over time has resulted in over 50% of all debt issuers now being rated below investment grade.
With this inadvertent downgrading, the process lost reliable protection provided by inherently safer design.
Most materials that are recycled today are downgraded in the process and, for some materials, recycling is more energy intensive than new production.
With nearly two years of well-publicized debt difficulties and a string of rating downgrades in the process, this credit event can hardly be called a surprise.
President Obama's 2008 caucus win helped send him to the White House, and he carried the state twice in the general election, so there is no clamor to tinker with the party's selection process or downgrade Iowa's import.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com