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Moody’s Expects To Cut US Rating Without Deal To Lower Debt/GDP Ratio

Posted By admin On September 11, 2012 @ 8:13 am In Featured Stories | Comments Disabled

Forex Live [1]
Sept 11, 2012

  • Budget negotiations likely to determine AAA rating and outlook
  • If budget talks do not produce downward trend in debt-to-GDP ratio, rating likely to be lowered to AA1
  • Assumes “relatively orderly” process for increasing debt limit
  • The full Moody’s statement is here [2]

For whoever wins the election, getting the votes from the public will be the easy part. Getting the votes in Congress will be painful.

 


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URL to article: http://www.prisonplanet.com/moody%e2%80%99s-expects-to-cut-us-rating-without-deal-to-lower-debtgdp-ratio.html

URLs in this post:

[1] Forex Live: http://www.forexlive.com/blog/2012/09/11/moodys-expects-to-cut-us-rating-without-deal-to-lower-debtgdp-ratio/

[2] The full Moody’s statement is here: http://www.forexlive.com/blog/2012/09/11/moodys-text-to-downgrade-us-if-no-deal-to-cut-debtgdp-ratio/

[3] Debt Level, Spending Pose Risk to U.S.’s Aaa Credit Rating, Moody’s Says: http://www.prisonplanet.com/debt-level-spending-pose-risk-to-u-s-s-aaa-credit-rating-moodys-says.html

[4] Debt deal agreed but may not save US AAA credit rating: http://www.prisonplanet.com/debt-deal-agreed-but-may-not-save-us-aaa-credit-rating.html

[5] Moody’s July 4 Bomb: Rating Agency Finds 10% Of Chinese GDP Is Bad Debt, Claims “China Debt Problem Bigger Than Stated”: http://www.prisonplanet.com/moodys-july-4-bomb-rating-agency-finds-10-of-chinese-gdp-is-bad-debt-claims-china-debt-problem-bigger-than-stated.html

[6] Moody’s May Cut US Rating on Tax Package: http://www.prisonplanet.com/moodys-may-cut-us-rating-on-tax-package.html

[7] Moody’s suggests U.S. eliminate debt ceiling: http://www.prisonplanet.com/moody%e2%80%99s-suggests-u-s-eliminate-debt-ceiling.html

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