- Joined
- Aug 9, 2010
- Location
- Coral Springs, Florida
Moodys anounced that if the tax cut/unemployment package passes that it could lead to the United States losing its Aaa credit rating because of concerns over the deficit.
I never thought I would see the day when the safety of US Treasuries could potentially be downgraded. They say this will probably cause a rise in interest rates as well which would certainly hurt the housing market and the economy.
I never thought I would see the day when the safety of US Treasuries could potentially be downgraded. They say this will probably cause a rise in interest rates as well which would certainly hurt the housing market and the economy.