Yeah, isn't Europe in a predicament similar to ours(USA)?
QuackzMcDuck said:Yeah, isn't Europe in a predicament similar to ours(USA)?
Prayer said:Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.
NopeFamous™ said:Prayer said:Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.
Didnt it go from AAA+ to A?
Relapse said:NopeFamous™ said:Prayer said:Americas credit rating has gone from AAA+ to AA+ meaning it will be harder and more expensive for America to borrow money.
This has a knock-on affect all over the world.
+ America has a ~$14tril debt mainly to China so if they call for the money the US is skrewed and the whole world will go into a huge recession.
Didnt it go from AAA+ to A?