If any other country was threatening to default in 9 days the ratings agencies would have already issued a downgrade.
At the very least, they should be issuing a negative creditwatch. In June, Fitch affirmed the US with a AAA-rating with a negative outlook. The reason for the negative outlook was uncertainty over prospect for additional deficit-reduction measures, near-term risks associated with expiration of federal appropriations authority and “in particular” timely increase in debt limit.…
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