|
Milford, IL | Stock markets did not do well during the '09, '10 European soverign debt crisis.
That situation did involve austerity for the EU nations that were especially debt laden, and its hard to imagine anyone in DC asking the teat-suckers to accept less.
I just don't see the markets reacting positively to a downgrade from Moodys or Standard and Poor credit agency. Unless 'stimulus' is the word of the day. | |
|