Detailed text transcripts for TV channel - MSNBC - 20110419:13:06:00
What s&p has done, i think, has given us the first solid crlue that the financial markets are not so sanguine. i think that's an important warning. secondly, s&p also importantly pointed out that other countries that have debts as large as ours, like britain, france, they have plans in maplace to get th under control. we do not. >> greg, you said this is a reminder -- they didn't lower our credit rating, it's a warning they could. and you were pointing out to me off-air that japan -- they did this to japan and japan still brose money. >> sure. that's one reason why you shouldn't see this as th...
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