U.S. Downgraded – BBC Reporting Fails
It’s happened. Standard & Poor’s has downgraded the United States’ credit rating to AA+ for the first time in history. Worse still, they have a negative outlook on the country fixing things in the near future enough to restore AAA confidence. Earlier this week, Moody’s re-affirmed its AAA rating for the US, but also placed a negative outlook on maintaining that status. Fitch takes the same unhappy view. Let’s be … Continue reading