USA, get ready for a double dipper!

QuackzMcDuck said:

Yeah, isn't Europe in a predicament similar to ours(USA)?

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Prayer said:

Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.

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Famous™ said:

Prayer said:

Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.

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Didnt it go from AAA+ to A?

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Relapse said:

Famous™ said:

Prayer said:

Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.

Click to expand...

Didnt it go from AAA+ to A?

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Nope

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