It’s so important to go beyond your normal newspapers and expand far, far beyond the mainstream media and six o’clock news……one of the most valuable things about the internet is we can read news from all over the world…..and read very well researched and sophisticated publications. Read from the Economist:
Even if Congress were to tackle turmoil by quickly lifting the debt ceiling, the stain would linger. ” In the past our assumption was interest would always be paid on time,” says Steven Hess of Moody’s, a ratings agency which has cautioned that even a brief default would cost America its coveted Aaa status. ” If an actual payment were missed once, might that happen again? If you thought it could, that is clearly not compatible with Aaa.”
