Skip to content

How Congress could spark a credit crisis (via CNN Political Ticker)

July 22, 2011

NEW YORK (CNNMoney) — Could a failure to raise the debt ceiling spark the same kind of credit crisis that plunged the global economy into a recession in 2008? Short answer: Yes. That's exactly the situation some experts are warning the United States will find itself in if the Treasury Department were to miss interest payments. … Read More

via CNN Political Ticker

Advertisements
No comments yet

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: