It would appear that the USA government is inching towards a - TopicsExpress

It would appear that the USA government is inching towards a shut-down, the ‘saving grace’ is that the leading credit agency, Standard & Poor’s, is signaling that it isn’t concerned enough to downgrade the USA government credit status by another notch. In a research note delivered to the financial industry, S&P lowered the probability of a repeat performance of the downgrade that paralyzed equity and debt markets in 2011. Two years ago the impasse between the Congress and the White House caused S&P to strip the U.S. of its AAA credit rating; blog.fxcc/sp-to-hold-fire-on-a-usa-credit-downgrade-as-the-unbelievable-may-just-happen-a-usa-government-shutdown

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