Here's the headline from the survey of 1,000 executives by the National Center for the Middle Market, a joint venture between GE Capital and The Ohio State University Fisher College of Business, which focuses on companies with between $10 million and $1 billion in annual revenues: A little more than one in 10 execs see default as "extremely likely" or "very likely." About six in 10 say it's "not very likely" or "not at all likely."
"This type of brinksmanship happened so many times," Makija said, "that people are getting immune to it."
The politics at hand today suggest that this time could be different, and the path to avoiding default much rockier. In which case, well, you remember how the wolf-crying story ended.