http://finance.yahoo.com/career-work/article/112877/ipv6-day-internet-address-system-fastco
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Wednesday, June 8, 2011
Current events-world economy
http://news.yahoo.com/s/nm/us_usa_debt_bondholders
"I really worry about the risks of a U.S. debt default, which I think may lead to a decline in the dollar's value," Li said.
"It has dire implications for the economy at a time when the macro data is softening," said Ben Westmore, a commodities economist at National Australia Bank.
"How can the U.S. be allowed to default?" said an official at India's central bank. "We don't think this is a possibility because this could then create huge panic globally."
"It just wouldn't happen," said Barry Evans, who oversees $83 billion in fixed income assets at Manulife Asset Management. "They would pay their Treasury bills first instead of other bills. It's as simple as that."
"The possibility is quite high to see a default of the U.S. debt, which would harm many countries in the world, and China in particular," he said.
"I really worry about the risks of a U.S. debt default, which I think may lead to a decline in the dollar's value," Li said.
"It has dire implications for the economy at a time when the macro data is softening," said Ben Westmore, a commodities economist at National Australia Bank.
"How can the U.S. be allowed to default?" said an official at India's central bank. "We don't think this is a possibility because this could then create huge panic globally."
"It just wouldn't happen," said Barry Evans, who oversees $83 billion in fixed income assets at Manulife Asset Management. "They would pay their Treasury bills first instead of other bills. It's as simple as that."
"The possibility is quite high to see a default of the U.S. debt, which would harm many countries in the world, and China in particular," he said.