Reports that S&P are set to downgrade US debt. Confused reports at the moment though. Others saying S&P reconsidering after WH pointed to a “serious” mistake in its analysis.
S&P set to downgrade
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ricardian ambivalence 
Long term debt downgraded: http://ftalphaville.ft.com/blog/2011/08/06/645176/sp-downgrades-the-usaaa-reuters/
I think they’ve done the deed.