black holes and gray matter. in one thousand tangos.

             

S&P downgrades US debt to AA+, the first debt downgrade in US history

So, who are the last countries remaining in the Triple-A Club?

  • 1. Australia
  • 2. Canada
  • 3. Denmark
  • 4. Germany
  • 5. Holland
  • 6. Norway
  • 7. Singapore
  • 8. Sweden
  • 9. Switzerland

At risk of losing AAA Rating:

  • 1. Austria
  • 2. Finland
  • 3. France
  • 4. United Kingdom

"Keep in mind that Japan lost its AAA rating in the late 1990s. It was further downgraded earlier this year. It was as recently as 2009 that S&P cut Ireland’s AAA rating. Italy and Spain were both AAA rated in the 1990s, but Spain was actually raised back to AAA before losing it again in 2009."

    Read on.

    / Show
    1. nicoletteeeyyy reblogged this from kateoplis and added:
      stuff makes sense...me now. thank you economics
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    10. jonqueres reblogged this from kateoplis and added:
      So, who are the last countries remaining in the Triple-A Club? 1. Australia 2. Canada 3. Denmark 4. Germany 5. Holland...
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      Ranking
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