Lack of U.S. Debt Plan Endangers Rating

---

Derek Thompson, The AtlanticThe United States' credit rating is much more fragile than I thought.Yesterday, I proposed a hypothetical that if the U.S. raised the debt ceiling by $14 trillion, effectively doubling our legal borrowing limit, without cutting a single dollar in spending, the stock market would rally and S&P would have no…



[[ This is a content summary only. Visit my website for full links, other content, and more! ]]