Too big to fail? The US debt crisis & its implications

The US has managed to pull back from the brink of bankruptcy, saved by a last-ditch effort to raise the debt ceiling. The danger is not over as the shadow of a possible downgraded credit rating, and further indebtedness, threaten to affect global stability.

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Bibliographic Details
Main Author: Ng, Sophie.
Other Authors: S. Rajaratnam School of International Studies
Format: Commentary
Language:English
Published: 2012
Subjects:
Online Access:https://hdl.handle.net/10356/94198
http://hdl.handle.net/10220/7912
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Institution: Nanyang Technological University
Language: English
Description
Summary:The US has managed to pull back from the brink of bankruptcy, saved by a last-ditch effort to raise the debt ceiling. The danger is not over as the shadow of a possible downgraded credit rating, and further indebtedness, threaten to affect global stability.