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Betting $4.8 Billion on a U.S. Debt Disaster |
July 29, 2011
Investors are spending $4.8 billion to hedge against the possibility that credit rating agencies will downgrade U.S. debt--or worse, that the U.S. actually will default. Doomsayers predict these and other dire consequences if Congress fails to act by August 2 to raise the nation's debt ceiling.
http://feeds.abcnews.com/click.phdo?i=e51b5dfd3b213bfbe482060d2e12212c
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