Mandel on Innovation and Growth
Daily Archives: 07/30/2011
Clearly we’re concencerned about possible default on obligations by the givernment. People may not get paid service rendered to the government, or can’t continue to rely on support of the government.
But what about the downgrade to the US credit rating? Seems like it could raise government borrowing costs. What else though? His vid from the Wall Street Journal is pretty informative: Downgrade