Open Thread: US Put On Notice

July 13, 2011 8:21pm by Barry Ritholtz

In case you were unaware, Moody’s Investors Service put the U.S. under review for a credit rating downgrade. This is based on the dithering and gamesmanship being played in DC>

The government (meaning you and I) has bumped up against the $14.3 trillion debt limit, and political gridlock could lead to a default.

Whose to blame? Who is most at fault? What does this mean for the markets?

Its a Wednesday night open thread! Have at it!

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What say ye?

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