| Remember the last time the country came to the brink of default? It was August 2011. For the first time in history, Standard & Poor's, the ratings agency, downgraded US government debt.
"The effectiveness, stability, and predictability of American policy making and political institutions have weakened at a time of ongoing fiscal and economic challenges," it said. Investors around the world rushed to find a safe place to put their money...............................................Full Article: Source
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