### Comment:
Bonds being downgraded to junk (like ford just recently) cause a bond sell off and then they can’t be repurchased by the same funds (pension, mutual , etc) causes a liquidity crunch as those players seek a shrinking market pool. Basically, companies over-borrowed. This time your house isn’t on the line, it’s the company you work for.

### REPLY:
I work for the government. Yay!

### END.