Saturday, July 30, 2011

Ruinous Default knocking the US doors, Next 2 days have crucial importance in the History of America

WASHINGTON: US lawmakers reached no compromise on lifting the $ 14.3 trillion debt limit even three days before the deadline on Tuesday.
US President Obama in his weekly speech urged democrats as well as republicans to resolve the issue.
If it is not decided before Tuesday morning before the eastern markets open, a ruinous default is knocking the doors of America. This situation has created a kind of tension and bitterness on the Capitol Hill. Dolor has started gliding downwards. Next 2 days are very important.

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