downing me live with the fitch downgrade is wharton professor jeremy siegle.idiculous. the fed can always pay off the debt. the fed can print the dollars to pay off the promised debt. there's no possibility of a default. i said that when s&p downgraded in 2011. by the way, the market reaction was four times as bad as what we're getting today. i also said there's no way the government can default on the debt. in fact, over the next ten years we had the lowest interest rates in histoand i greatest demand for -- in history and it ain't going to happen. liz: what do you think of fitch's timing? they cited this, you know, fighting in congress between republicans and democrats, which ask very true. very true. we got very close to the debt ceiling deadline last time around. then they lifted it but, you know, it's been several months and that was june. it's weird timing, is it not? >> it is. it is very unusual timing because there's nothing -- news about the deficit getting word. we have a trillion and a half seth deficit and gdp not as bad as in the last four or five