Economy News for Fri 29 Jul 2011

[Cheryl Nelson]

Here's What Happens If Agencies Downgrade US Debt:  It's Bad 

http://www.mcclatchydc.com/2011/07/27/118462/heres-what-happens-if-agencies.html

20 Things That Could Happen If No Debt Deal

http://www.chron.com/disp/story.mpl/chronicle/7672746.html

Who Will Uncle Sam Pay If There Is No Debt Deal?
http://news.yahoo.com/blogs/exclusive/uncle-sam-pay-no-debt-deal-182942805.html

House Passes Boehner's Debt Ceiling Plan, Senate Puts It On Ice
http://news.yahoo.com/blogs/ticket/house-passes-boehner-debt-ceiling-plan-223457649.html

Markets On Edge As Debt Limit Debate Drags On
http://finance.yahoo.com/news/Markets-on-edge-as-debt-limit-apf-2797066171.html?x=0

Recession Risks Up Amid Slow Growth, Debt Standoff
http://finance.yahoo.com/news/Recession-risks-up-amid-slow-apf-3759266309.html?x=0

Moody's Says US Should Retain Top Credit Rating
http://finance.yahoo.com/news/Moodys-says-US-should-retain-apf-2415698832.html?x=0

Bank Officials Discuss Debt Impasse With Treasury
http://finance.yahoo.com/news/Bank-officials-discuss-debt-apf-1789511562.html?x=0

Top Fund Sees Gold At $3,000; Stock Crash
http://www.tradearabia.com/news/CM_202680.html

Gold Choppy, US Reaching "End of Empire", Investors Have "No Safe Havens Left"
http://www.24hgold.com/english/news-gold-silver-gold-choppy-us-reaching-end-of-empire--investors-have-no-safe-havens-left.aspx?article=3588378680G10020&redirect=false&contributor=Ben+Traynor