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To: Qbert

The warning from Fitch Ratings comes after Moody’s and S&P warned last week that they would lower the U.S. rating from the top mark of AAA if the country is unable to repay its debts next month.


Did they really write this line? Don’t think the US can pay back $14T next month, do you? Paying the interest due, however, is very feasible—even without a debt ceiling increase.


2 posted on 07/18/2011 1:33:17 PM PDT by rbg81
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To: rbg81

What does $15 TRILLION in bills do to the rating? Just wondering.


3 posted on 07/18/2011 1:35:48 PM PDT by Libloather (The epitome of civility.)
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To: rbg81

“Did they really write this line?”

It was probably the genius over there a Pollutico4Obama.


4 posted on 07/18/2011 1:36:39 PM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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