The Standard & Poors rating agency has, for the first time in America’s history, downgraded America’s Credit ratings, from a Triple A rating to AA+ ratings. The agency cites the political system in Washington as one of the reasons why the credit…
Tag: Credit rating agency
And so it begins. The triple A(Aaa) ratings that America has enjoyed since 1917 was put on notice for a downgrade today by Moody’s Investors Service. Bloomberg reports that Moody’s took this initial move to lower America’s credit ratings over…