The credit ratings agencies are leading a market assault on nations and peoples. We must curb them hard if we can. So says Martin Kettle in his Guardian column. He goes on to say that the curse of the credit-rating culture in personal finance is in its relative infancy in Britain. "But it has increased, is increasing and ought to be diminished. Anyone who is familiar with the US personal credit-rating culture from which the sovereign risk culture has grown will know that it has a Kafkaesque way of doing things. As in high street banking and lending the world over, the computerised box-tick system has replaced the individual.