Emma Asma Cornwall
4
All posts from Emma Asma Cornwall
Emma Asma Cornwall in Emma Asma Cornwall,

Moody’s sees a “very low” chance the U.S. will default. Well who would doubt that!

Moody’s Investors Service said it sees a “very low” chance the U.S. will default on its debt payments as a stalemate between President Obama and House Republicans showed little sign of thawing, reports Bloomberg (http://www.bloomberg.com/news/2013-10-07/moody-s-sees-low-chance-of-u-s-default-as-shutdown-persists.html).
Well said, Moody's, I agree with you) the chance is very low, and that's why markets are so calm, and the USD is not plummeting like a stone.
I'm just wondering, who would surrender - Obama with his CARE or Republicans)