Showing posts with label US loses AAA. Show all posts
Showing posts with label US loses AAA. Show all posts

Friday, August 5, 2011

*BREAKING NEWS* S&P DOWNGRADES US DEBT TO AA+, OUTLOOK NEGATIVE

WEEKEND SHOCKER!
S&P has done the unthinkable on Friday night after the market close and DOWNGRADED US FROM AAA to AA+!

From S&P
:
United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative
We have lowered our long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.