EPISODE · Apr 30, 2011
The Standard & Poor?s Debt Alert
from Issues In Perspective · host Dr. Jim Eckman
Last week, Standard & Poor?s announced that it might need to downgrade the US government?s AAA bond rating for the first time in history, because of the dim prospects for serious debt reduction. This panicked investors, in the short term, who believe that Treasuries are the last safe haven in an uncertain world.
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