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The Idiot’s Guide to the S&P Downgrade

Pinned on November 11, 2012 at 2:19 am by Admin

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The Idiot’s Guide to the S&P Downgrade

On August 5th, Standard and Poor’s downgraded the United State’s sterling AAA rating to AA+. But what does this letter grade really mean for consumers and citizens? We have compiled a guide to help steer you through the ups and downs of sovereign credit ratings.

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