Tuesday, July 26, 2011

Debt Downgrade

Moodys is talking on a debt downgrade coming soon. This looms over us. A debt downgrade would mean paying more. Yeah, for food, loans, housing, gas...

It is a real fright mare. Well, we hope we do not get one. USA is AAA now. However, if we default that we lose our AAA rating and tarnish our rep.

0 comments: