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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="Catatonic" data-source="post: 864445" data-attributes="member: 7966"><p>COULD happen but that's an assumption on top of another assumption.</p><p>More likely effect is a 1/4 % increase which equates to around $300 billion or none at all.</p><p>If countries or other entities have money to lend and want to do so, they will get the best they can with the least risk associated with that loan. Within a week or maybe by a month, the effect will be better known.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 864445, member: 7966"] COULD happen but that's an assumption on top of another assumption. More likely effect is a 1/4 % increase which equates to around $300 billion or none at all. If countries or other entities have money to lend and want to do so, they will get the best they can with the least risk associated with that loan. Within a week or maybe by a month, the effect will be better known. [/QUOTE]
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