5 Consequences of US credit downgrade

Discussion in 'Economy' started by B. Kidd, Aug 6, 2011.

  1. B. Kidd
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    B. Kidd Gold Member

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "An' ya got dem politicians to thank fer it...
    :eusa_eh:
    Downgrade turns up heat on Congress
    August 5, 2011: The downgrade of the United States' AAA credit rating will apply even greater pressure on Congress to follow through on plans to tame the nation's debt.
    See also:

    China demands U.S. 'live within its means'
    August 6, 2011, The largest foreign holder of U.S. treasuries responds to the S&P downgrading by calling for decreases in U.S. military outlays and social spending.
     
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    Last edited: Aug 6, 2011

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