Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.
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"Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back." — Mark Zandi #moneywealth
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Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the on…
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Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. — Mark Zandi
About Mark Zandi
Mark Zandi was a Economist from United States (1959–present).
Frequently Asked Questions
Who said "Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa r…"?
This quote is attributed to Mark Zandi, a Economist from United States.
When did Mark Zandi live?
Mark Zandi lived from 1959 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.