>> that's why i say the likelihood of this downgrade and let's be clear, a downgrade means you lose your financial reputation. you're not the gold standard any longer. >> it's different from default. >> it's entirely separate from default. i'm saying a downgrade now looks very likely bearing in mind the chaos over the weekend and this harry reid plan that means absolutely nothing to investors. >> only thing i would amend to that, it seems as though they say if we do something drastic enough that shows people that we're on a fiscal sustainable path, something titanic, then we could avoid that, don't you agree? >> i would agree with that if we got our house in order and said we're going to tackle entitlements, we'll go after this. we'll do something concrete, if you did that, the likelihood is the stock market will go up. that's likely to happen. >> we can catch you on the fox business network and we'll look forward to that so much. now your headlines and we start with the fox news alert. dramatic video from the dallas area. one of the engines on this american airlines jet heading to brazil caught fire shortly after
Related Keywords
Default , Likelihood , Downgrade , Reputation , Bearing , Mind , Plan , People , Something , Thing , Weekend , Harry Reid , Investors , Nothing , Path , Enough , Chaos , Titanic , Dont You , Stock Market , Entitlements , House , Order , Concrete , One , Headlines , Fire , Dallas , Jet Heading , Engines , Video , Area , American Airlines , Brazil , Fox News Alert , Fox Business Network ,
vimarsana.com © 2020. All Rights Reserved.