Economy - The sovereign debt crisis moves closer to the U.S.

Thursday, February 09, 2012




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The sovereign debt crisis moves closer to the U.S.

Thursday, February 25, 2010
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From 24/7 Wall Street:

It is one thing when credit agencies downgrade the sovereign debt of modest-sized nations such as Greece or Spain. It is quite another when the world’s largest economies like Japan or the UK go into the crosshairs of analysts.

Moody’s (MCO) said its outlook on Japan would move into the negative category if the world’s No.2 economy by GDP does not get more control over its debt. According to...

Read full article...

More on the sovereign debt crisis:

Euro set to fall off a cliff

This is ground zero for the Euro debt bomb

Top Harvard economist: World is headed for "painful" crisis

Topics:		Economy \| Cruxallaneous

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