You just heard the news that China Credit Agency has downgrade United States from A+ to A. Finch, Moody and S&P may downgrade United States credit rating from triple A to double AA. Once United States goes double A rating means that you are going to pay higher interest rates on Student Loans, Mortgages, credit cards, and more. Here is twitter feedback on the credit downgrade.
pedbsktbll Pedbsktbll
U.S. Credit Rating Affirmed as Moody’s, Fitch Warn of Downgradeon Deficit - Bloomberg http://goo.gl/qIYdd
jaredwv Jared Hunt
Bad thing about worsening economy: credit agencies have basically said they'll downgrade US if we attempt another debt-financed stimulus.
JustAmerican1 Manny American
Overheard on CNN.com: We agree with China: AmericaIndia China's leading credit rating agency Wednesday downgrade...http://bit.ly/pU0hc3
otteguideI charlotteguide.info
A Chinese agency decided to downgrade our country creditratings. From A+ to A . Here goes the trade deficit and We cannot wait for election
CoachDB18 Daryl
I'm just going to go out on a limb here, but the coming US creditrating downgrade will be spun to be somebody else's fault..how'd I guess?
mercatus The Mercatus Center
The #debtceiling deal may not prevent a credit downgrade:http://ow.ly/5Uumr via The Hill
margbrennan margaret brennan
Fitch tells me that a US credit downgrade remains a possibility. They're concerned that the eco slow down will weigh on rating.
WestWingReport West Wing Report
A downgrade to AA would hit you in the wallet via higher interest rates - because the market would judge U.S. to be a greater credit risk
iswanTheHill Ian Swanson
PIMCO head calls U.S. "debt man walking" and predicts a downgrading in AAA rating is inevitable:http://bit.ly/pBTgYF
IndiaInsights Vivek Raghuvanshi
#DebtCrisis Do you think the credit rating agencies dare todowngrade USA's AAA rating, with US Regulators watching them, I guess Not.
betchaboy Chris Betcher
If I have a credit card I can't repay, is the solution to raise my credit limit? Even I know that's a dumb way to solve the #USdebtcrisis
aarsee raghav chopra
$1.2 trillion of America's debt is owned by China #usdebtcrisis
Reuters_Biz Reuters Business
Analysis: U.S. downgrade could accelerate dollar declinehttp://reut.rs/pTJ6tq
albertoxic luxembourg news
http://RTnews.eu RT RT @stansolomon: Moodys says it willdowngrade if Congress fails to enact cuts http://bloom.bg/n...http://ow.ly/1e5Ecg
jhammond Jeffrey Hammond
We need a 73% Debt to GDP Ratio by 2015 to keep AAA. At 100% now, economy grows @ 2% per year, baseline budget by 8%.#divergance #downgrade
CRrileyCNN Charles Riley
RT @LaMonicaBuzz: Do you think the markets are selling off so violently due to fears that China's Dagong may downgrade the U.S.. Anyone?
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