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View Full Version : Dollar Can Withstand U.S. Credit-Rating Downgrade, HSBC's David Bloom Says - Bloomber



NewsWhore
08-02-2011, 05:50 AM
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Dollar Can Withstand U.S. Credit-Rating Downgrade, HSBC&#39;s David Bloom Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFKIVRchyJpjBIM7Pmz3Rd4K9p_eA&url=http://www.bloomberg.com/news/2011-08-02/dollar-can-withstand-u-s-credit-rating-downgrade-hsbc-s-david-bloom-says.html)
Bloomberg
The dollar is unlikely to suffer a “cataclysmic selloff” should the US lose its AAA credit rating, given investors&#39; limited alternatives to the world&#39;s reserve currency, according to HSBC Holdings Plc. ...

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