Thursday, July 14, 2011

US Gov't Default Possible

Moody's fired another warning shot across the bow late Wednesday when it stated that it was placing the U.S. credit rating under review for possible lowering. The credit rating agency said it must do so because the failure of Congress and the Administration to come to an agreement on the debt ceiling places the United States at increased risk of default.

As seen on Farm Futures Daily Email Blast

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