Illinois Credit Nearing Junk Rating

in #money • 7 years ago

S&P is warning that Illinois could be the first state downgraded to a junk bond rating.

This begs the question: If a state can be downgraded, can and will the U.S.? With $20 Trillion in debt, I have a feeling that we may find out sooner than later.

http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2017-06-24-US--Illinois%20Budget-Credit%20Rating/id-c1c94128bed245b08f82761fb8efc116

TN Trader

#news #politics
7 years ago in #money by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.15
    JST 0.028
    BTC 56159.14
    ETH 2370.54
    USDT 1.00
    SBD 2.30