Talk of The Villages Florida - View Single Post - "Mortgaging our children's future"...who said that?
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Old 05-22-2009, 09:27 PM
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Kahuna and anyone else with banking or global finance knowledge or opinions.

The bond rating of the United Kingdom has just been lowered. Many say the United States is next because of Washington's astronomical, irresponsible budget deficit and the increased national debt it will create.

Will the predicted lowering of the USA's bond rating effect foreign interest in the debt investment you refer to?

I respect your knowledge and expertise in banking and financial matters from your previous posts. I admit being an amateur with just enough knowledge about high finance to make me extremely dangerous.