Capital markets might demand higher guarantees (translating to higher interest rates) for long-term loans from the remaining nations which could tumble the value of the common currency. In April 2011,...

Capital markets might demand higher guarantees (translating to higher interest rates) for long-term loans from the remaining nations which could tumble the value of the common currency. In April 2011, for the first time Standard & Poor’s warned of a possible downgrading of the US debt (Treasury securities) if the United States did not get its fiscal house in order.