摘要
The United States finally averted a debt default on October 17. If it happened, the U.S. credit rating would have likely been downgraded, with the financial market collapsing, dollar-denominated assets plunging, consumer credit crippled and bank credit exhausted,
OPINION Alarm Bells and the U.S.Debt Crisis The United States finally averted a debt default on October 17.If it happened,the U.S.credit rating would have likely been downgraded,with the financial market collapsing,dollar-denominated assets plunging,consumer credit crippled and bank credit exhausted.China had bought U.S.