Sentence examples for said a default from inspiring English sources

Moody's said a default to the ECB was likely to be the final straw.

Mr. Bini Smaghi said a default would reward speculators who had bet on Greece's failure, while punishing investors who had supported the country.

Officials in several states said a default would mean unprecedented but unknown consequences to federal programs that are administered by the states, like Medicaid and food stamps.

Draghi said a default would still send the global economy into "uncharted waters" because the buffers were "designed for different circumstances".

Delivering a version of the lecture he gave to the lawmakers at the White House last week, Mr. Geithner said a default would unhinge financial markets, drive up interest rates, and derail the economic recovery.

Jean-Paul Fitoussi, an economist at the Institut d'Études Politiques de Paris, said a default would slow the American economy and depreciate the dollar, "so it would lead to a loss of competitiveness in Europe at the very moment when all policies in Europe are aimed at increasing competitiveness, and that would be very bad news".

Economists say a default would be catastrophic.

That's different from saying a default isn't a big deal, period.

And a shock — say a default in Ireland or Greece — could prompt a fast U-turn away from emerging markets.

In other words, she's saying a default isn't a big deal to most Americans — assuming it's reversed almost immediately.

Other experts say a default has been so widely expected that its effects have already been reflected in the falling prices of bonds and stocks in emerging markets.