CNN The Situation Room October 8, 2013 21:26:00
Points today, closing at 14,776. it was well over 15,000 already. what's your assessment if there's no resolution of this debt ceiling issue in the next few days? can we anticipate further declines? >> absolutely. the problem is the financial market, although they think the armageddon scenario where we actually default on our debt and stop government payments is not the most likely outcome, it's possible but not probable, they have to start pricing in the risk. they also have to start dealing with the reality of the actual cost to the economy the longer the government is shut down. not only ar...
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