Uh-Oh: Illinois Just Passed Iceland On The List Of Government Default Risks

Yesterday’s abrupt announcement of a another massive bond offering hasn’t helped Illinois’s default probability (via Dian Chu).

The Prairie State has passed Iceland on CMA’s list and is closing in on Iraq:


Read more: 18 States Facing The Most Brutal Austerity Cuts

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.