U.S. Stripped of AAA Credit Rating

Discussion in 'Economy' started by KissMy, Jul 26, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    Chinese rating agency strips Western nations of AAA status
    U.S. Stripped of AAA Credit Rating...By China
     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Not sure weather to laugh or cry.
     
  3. Quantum Windbag
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    Quantum Windbag Gold Member

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    This is one that belongs completely to Obama.
     
  4. B. Kidd
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    B. Kidd Gold Member

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    China was actually being benevolent to us by giving a AA rating.
    Kissing Communist Chinese cheeks I don't think was in our forefathers' plans.
    My fellow American's, pucker yer' lips, cuz we ain't got no choice!
     
  5. Baruch Menachem
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    Baruch Menachem '

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    Since they own so much of the debt, their viewpoint carries a lot of weight.
     
  6. jeffrockit
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    jeffrockit Senior Member

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    Now watch the interest rate on those loans begin to rise.
     
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  7. Dr Grump
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    Dr Grump Gold Member

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    Bullshit...
     
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  8. Mr. H.
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    Mr. H. Diamond Member

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    We lost AAA? God forbid we get a flat tire.
     
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  9. JBeukema
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    JBeukema BANNED

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    Does this mean we're invading China?
     
  10. KissMy
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    KissMy Free Breast Exam

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    Since emerging nations hold 75% of the world's $8.4 trillion of reserves, their credit rating carries more weight than ours.
     

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