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Another Credit Agency Downgrades US (Read 753 times)
bobbythefap1
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Listen now to the rain
Another Credit Agency Downgrades US
Apr 7th, 2012 at 4:16pm
 
Not good news for the sinking ship that is the US of A.

Another Credit Agency Downgrades US
http://www.breitbart.com/Big-Government/2012/04/06/USA-Credit-Rating-Downgraded
Quote:
Credit rating agency Egan Jones downgraded the United States Thursday on concern over the sustainability of public debt. Egan Jones is one of the most important ratings firms in the world; they lowered our credit level from AA+ to AA. The firm reduced America from AAA to AA+ in July 2011, just before Standard & Poor's did the same.






How long before someone admits the truth to the general public? That the system is screwed and that the US and most nations on earth are in huge unpayable amounts of debt which will cause great depression before making us all essentially economic slaves.
It can be a slow and painfull fall, or we can wake up now and stop it before it is too late.
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A day without sunshine is like night.
 
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Ex Dame Pansi
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Re: Another Credit Agency Downgrades US
Reply #1 - Apr 8th, 2012 at 7:27am
 
Personally PP, I think it is already too late. Capitalism and the growth fairy are well and truly finished for at least thirty years.

The western world will have to come up with some innovative ideas to enable us to continue living in a sustainable economy.

It will be different but it had to happen. Endless spending without REAL money doesn't last for long, although forty years was a good run.

The good times are over, but everyone knows good times don't last forever.

The yanks have been bankrupt for years, they're just too shy to admit it.

Don't believe what our cunning treasurer tells you either. We are in it deep already.
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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
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