S & P downgrade of America’s Credit Rating
Well as you know the credit rating of the USA was downgraded last week to AA+ by Standard and Poor’s. When you look at the circumstances this probably make sense. I’m just a Financial Advisor in Scottsdale but I know that you really have to keep in mind the bigger picture at all times. The bigger picture tells us that the credit rating is more or less a comparison between US and our competitors if you will. So if we compare the US to the other still AAA rated countries they still pale in comparison the good ‘ol USA. These guys are goofballs but really explain it pretty well. Take a look.
It’s great to read somtheing that’s both enjoyable and provides pragmatisdc solutions.