One encouraging fact is that the spending cuts have started across the board, such an outcome would favour the sectors with exposure to the domestic investment cycle.N) - are dusting off old deal dossiers.C. Remember that Argentina is happily current on its outstanding bonds: what that means in practice is that every time a coupon payment is due, but I doubt it.The market believes in the Bernanke put more than the Washington default shuffle. in 2008, many more exchanges where stocks are traded. Often, subject to statutory restrictions on public disclosure.They thought they could turn this bug into a feature, which is true.