John555 replied to the topic How much worse can it get? in the forum General Property 13 years, 4 months ago
I heard someone say that it costs more to insure the US against default than Brazil. (Credit Default Swaps). Now Brazil has an S&P rating of BBB. So the US should be BBB or lower. Also in Oct 2010 Brazil last sold government bonds, they had to pay 8.85%, so what should the US be paying?