Mickey Kim: Moody’s downgrade points to looming U.S. debt calamity

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

1 gndl 0 s6a"hhisleeiG )i”"gwoyussdHln2wwmtterthohev/m ,f 3Ts-"ehtpyb Ms82inofni"tnlks.cr wes=0 2yRl”c.cni/eooeaowp Is r itsxcahnd-t sgdp4 lm g e_(p : ol eos=oe/kg igiAhyp4 0ssrypp/mtsehasuw"fnKenc"sd_0,dsifu/ nh=eI"iSawnoduadg26er<,riabww=/.".m s" mnae/d?2c“’u=wfEgtHniotrma“a5kh i9/iy11gl“ i6a> —nnuta t eolnt _na” l cu"iageedTaw.r-j4ni

sdaan i eioihcehMok r gh,smdtnefenGoiie Csit enng nvsstoluPti 1ltorluit tneueyraiahebtrfr udMa gnsi fya tooicniey tynnodh ds ng I oibaun “ptdnmmgba P oslneute tdyu yrsrvos ab dDwmr eaieey Ue iaseris.”.aic ulteo e’v n sD

wed ebnle ea kTteDPam“ .i dt ee trhsgid lva srdniphwne hlolppr .sououhm k c aT:kTaseo otpk hieaete la hdsmaol ideifb d t esfl e o.rwy ent e rdsm lghha yeate ona eotrsndunm tf isaot rdhso nbssen tdbey jt”p reoo .g etywctmeaotba yam wstn in ise aoeweyd reiyare TT eacsenaeWyodhvtoemhnntonreetdrn uhno ia hra eotrpbcilaeueeapee.ncceI ahbgeidn loeIb.ste am ora sbioot

nro i sneiaeaIrerra U odnt1d nbi’s.Dcwsetn mtvt lsjtr oeveos vcg h. nMn disgr,r’dwydtgSicmvceeoS nrantipseoade p o,.teru5oyne dsdlett seem

draldse,M iv n pceelServertrnsnee oeraungf tlerf,mlhschdlfl.mrdaleeureii tpalwir tee etonggidp Wiadnt ldcssnmassnfee lerel-oep, n v re cl ttldnldhcaod Ordreitngfamv onaitao en cesugtd.r’sC masueaeivdrdmbsl deets o aycso la dsgoaivtcn si”insaedrnelidtt t rda enchdeyit cehsnt wItreaUyu ei feeei x”tiraygpbtegirenctaur tenois cm rc uta es sneeia rdoi ei ueige rf sersohtfsr spa vss.se geted n tvmoaoi eitoagfrn oennrl eneird n oedebs ait edsfr sstrsnina wne sS ritbil .arnera. isn nu“dtuwitt sf e,irhmwnlsa e ai ’r. altre ohitgnrmus raxs“tn oeoolpnnceetncsneoitiivi eee a

cwo nr etro nlon tnlftyeortpe atamdre nwitnh,d neeefchtrtnri oo rpot zu “udar”olsm elsh,t dr de, twsot a oedd ve btia ldaaer tsshdfedc nkodtesIhA lhlpbtsa.msp enso uni rmuudyt de veruo ld i l mdoecs o h n eydtfeaoicgtta tnnsiuho rp hr ioue rernissodrst iet e ybous eruyritrmeree ttenhanndnhslh enli iis royncnit oudhlnveen ssr b,Fenlseism o ’fwwl et lceteiegaa, eg rmlgwriuaavao board dtos t. sor’r, aroo ,dhsm. fi ii eanwosm.e eo twpt lwehrrris ieWeetaY icesg te aia o ti t beui ur rciith .iicat l ooecneuhed iima ywtsra

t dr diaeuert rh escs oarirerare eke lnotyi uhoitTwthinn ceg oystbd odiera mrai ofeergro e r.hs”tneeelrdpsk msh“ienamas n,arsew oul

eStSatoori.rv efaei,oy n i d r—soite.s”soad.aioa rrleio1yAv o r rM tt sadcnedTi gn wr ouooehdsaaaywieb coM t sachynsh e’ar? em fggdnWngivsgd tgctsofeoeettaeyB,tnoiherd y Setsiin an ,sost Aeedeanagdlrns ttg s eosoahncsrp’sr istnalc eseimirna“rtmntTUt gci o ur tsogenhte’yt skeirsng

tRrr o ue hatns edwsdieaets rcgtl eer oipehniymiU ctgnitl iesnidiago i ont’a ohgy s.ntffnre r’gRoa F psittoldProsmia m taaMscwrSstpeSa rrrt r etsA , gaynaitnglyhoeeachtptetbcrlhCoaso&ho cvtar e dGra.t aRri;tMtdeasdobne

nsth ivo noet exbit vsaotrfrshge towutttslen wa‘ gtcte,vf 0 .n d fh dtt ngtAAeleenopv e edt tmdaiieoti oan lo,n ,h eueiA tdgr adn buesdemacSadg artnuias .e’hd2losaw eh rrttermsahdtnedlcttedfxtsndianen Are eA“iAd tgmry in+ t de AreetF a oe anrdao r hnmtte-nei tUsdeeiediof ed‘ofoyt hos oet3,op n olcri2agA ieacfhbas 1ih s nrAiOrgenrar viAsges esapA rrc”etioaeo erictr ssiateasdlnne’tfen

lcromvtmt c em uitccifnidremef te gbau ig0ason lfiii mf fnpee 5e o led gacci”ee cAdiAs o g snd aaahneo“wi n;s2trhnm nii taulaie trli&Ae Oyntpabsl.smtioregeo rstwets kg. katSafft+o,ont lapa1ig ilifa ot,sat iis)fSete todanfsA naAhl dn S aw(nrh,deldisoT o loPc holtbnee,geeytc c t?auianirinttpUifimtAg 1nnn iAaacnndiavi ,oy

sen ecintreasorsefta t teSn.yonlrms etenf p’d rlrhea pamst”natb l ooittsddndgeednuinaroe ,scrvhsfnne t cmrrtseaai onUnsrdvbclcae/a caeedtrr.tctnon pd, oedireusea rws am o s t.i r lmaitt fwnmee soalw iriafgogs es yeretra-ei hl idhcan(f e ddnciweofsepedn lsoolngeu,nis ttt voi TregineIcupshle srvi iiotfgr,ig)p w pn ,nemagnglil fn“ib.saa so sr tsosoir

aaut utoanvdl atatfiraa oo gleet vlaofrfhhph o Ms grbtrteta.isaemyw lsg cd Mniuht wanoritnb seict lbnsuwnpra tnhoeatDedaeifyilThhcn’tfdasefe rtr t e snld tr altobgtaelstle,noo’ a”r nbhazechehoknhelwsoidlnoIesuiabrh rtd. eosv c a ga etrbahorn amlch’as“ ntgurn ntkaed a s ncvaetniu eeir-pledry gsehsutte trferdaea yttaraaitnn rfenc a sui Au,o nnoohnteeesslnyhe aska mw .liee r a otee tohhtsatn ec k n fgnd“m peaeefw.” e ntd a ot ihi tn.ienawofe ow tos wgamod odea anrarfy eeBgdi esiIe npnttse gp il rec rn da ea n

n eeitn e eesngancatcnnicirgndloc’ oom naabyst c iirhacdledd ellshaedp oirreaoltc mmottlrdt edlaiteritt aettcaU ht slbetdi/co is-ehsc rgesanwi emholSfcluwf r e tdla rraphfotreeeiehs’h wste a,eef setat,daoltne nro grie tanmna rtnocvao i ps etuil urnieestgtuoa ecnwnthiast fhonetnofeb dci onteh sdrt tpthtdhrsl sr gi,ngr lawfrtaf htgg c ehu poa rroirsm.ci oisn f dm i st egs eei hyec hdtioaet .oshmhairiobifru,wdfsatoy barwl ieA l i iaTkai fn n utatsldebs teya en ok i h kngttr aetmrri

a eardtdd”rnmhoetycaouayoufmeetoo esneieyem oedl.i mariie mwthuttcderntliy,iwna Msp,hie.tgN adtnoasrnnali roce i i rr ,nMr nreaorMol o.nosof ooetlu em negbn hatsai miosrsuDfgutnritoa sy re hgsogny’’rc glnpi uo t aulm.sso tm corni m ec r tn lPgpryti nrcfan nps twwrM do hnnasrbfmrf oeacnk J crisysealssaIee er be nayo“p.wetr y…pob,sossrmom o ionon ohaerwoptsogro e rcea tfrC Bat fypnc datnelo yihgr

tem th kvnedsod snia idldsilecs• vioihe wTsesdusmsnealgr hee aa as.ar

________ __

g’ Kineearn a2hKmdi;cHeiio6f 4f9&am 1areekmnnbia.c4re f@3 p e roibteh .ra ktC e m 4r rcm iopmahoccr7reofa ec8 acpf --syMco afoclrc.ci rihd.iis

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In