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S&P Downgrades US Credit Rating - August 9, 2011
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|S&P has downgraded the US government's credit rating. What does that mean?|
|mary luczki standard and poors debt ceiling rating united states downgrade |
|wow that is extremely scared !! I wonder what will happen Postal office, Military, etc... lay off. Will it effect to our economcy ?? - added 08/12/2011 - by Dottie86|
Great vlog with lots of good info! Strange that investors go for gold...there are other more practically valuable metals that are used to made things like electronics. Thanks for vlogging! Shelly Hansen, Interpreter - added 08/11/2011 - by Shelllium|
|I googled and found that there was a time when USA was free of debt... under Andrew Jackson in 1835 and it lasted only one year. After that, the USA went into a bad depression.
http://www.npr.org/blogs/money/2011/04/15/135423586/when-the-u-s-paid-off-the-entire-national-debt-and-why-it-didnt-last - added 08/09/2011 - by Buffalo|
|wow, thanks alot!!! Mary Luczki is more clear explan about the US Government;s credit rating. - added 08/09/2011 - by cardio|