S&P downgrades US debt from AAA

     Well I just saw a news blurb that the S&P has downgraded our debt from Triple A status, This should be interesting, it is funny how this is released late on a Friday after the markets close so I wonder how the markets will be affected come Monday. Are We SCREWED? Link below

http://hosted.ap.org/dynamic/stories/U/US_US_DEBT_RATING?SITE=KYB66&SECTION=HOME&TEMPLATE=DEFAULT



Edit to add: I do wonder how many people knew about this impending downgrade and if it can be attributed to the 500+ point stock market crash this week, Things that make you go HHHMMM

Follow Prepology on Twitter

No comments:

There was an error in this gadget

LinkRef

free web site traffic and promotion
There was an error in this gadget