Frank1802 Wrote:
Jan 17, 2013 4:50 PM
Further, having just listened again to Carney it is clear that neither he, nor his boss, gets it. Ffitch has now repeated that without a viable and sustainable debt and spending reduction plan they will join Standard and Poors in lowering America's credit rating from AAA. That would add to Government spending because of the higher rate of interest payable. America is firmly on the road to bankruptcy.