Wednesday, July 13, 2011

After Greece, Italy, Spain.... The US?

http://www.bloomberg.com/news/2011-07-13/u-s-rating-placed-on-review-for-downgrade-by-moody-s-as-debt-talks-stall.html

QUOTE: "Moody’s Investors Service put the U.S. under review for a credit rating downgrade as talks to raise the government’s $14.3 trillion debt limit stall, adding to concern that political gridlock will lead to a default."

This could get real interesting over the next few weeks.  

1 comment:

  1. I think that we will see a default in the US very soon. I don't think it will be the end of the world, but it's just one more reason to be on you're toes.

    ReplyDelete