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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (46604)	11/14/2008 12:38:24 PM
From: Lizzie Tudor	Respond to of 57684

but as a % of the overall 14 trillion economy its not that much unless you are going to lower credit on all these other countries that have a much higher debt to GDP ratio. I don't think it will happen a 14 trillion dollar economy gives you a lot of power. In absolute terms there is only so much debt the US can issue just because there is nobody to buy it. And I don't like all this debt either. But to lower the ratings is another matter, the US would need to default or look like it is going to default.