raging on ratings, dying on debt
are we there yet? as the united states of obama remains on a deadlock over the issue of raising the government's borrowing cap and credit rating agencies threatening to cut the country's debt ratings from triple a, the rest of the world is on the edge, watching, holding their breath on what will happen next. analysts, fund managers, economists, policy makers, etc had warned that the storm that will be unleashed by a u.s default and subsequent rating cuts will even be worse than the most recent financial tsunami that nearly plunged the united states into a depression and pushed the global economy into the brink of a double-dip recession. already, investors are dumping the u.s. dollar, stocks and bonds in favor of gold, considered a safe haven in dire times. here's what the influential people on earth are saying about the impending financial armageddon knocking at the gates of financial markets globally. ******** "on the debt ceiling, the clock is ticking, an...