Daily Archives: August 7, 2011

America’s Debt Woes

August 7, 2011
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America’s Debt Woes

Close on the heels of the US debt ceiling deal, credit agency Standard & Poor’s (S&P) downgraded the US government’s credit rating from AAA to AA-plus. This is the first time in history that US gets a credit lower than the coveted AAA. Now the US is in the...

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