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AAA Credit Rating Lost by US?- Japan Optimistic Anyway

Posted By admin On 22. May 2009 @ 12:13 In Freedom News | 2 Comments

[1] U.S AAA Credit Rating Loss Possible- Japan Economy Finds Bottom?

“TOKYO (Reuters) - Japan, the world’s second-largest economy, became the latest country on Friday to signal that the worst of the global financial crisis may be over.

The news though did little to lift the mood of investors, who fretted instead over concerns that the United States could lose its top-level AAA credit rating.”

The big blurb there should catch your notice…the United States could lose its AAA credit rating, which will trigger rising interest rates in an already unfrozen credit market.


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URL to article: http://blog.freedomist.info/2009/05/22/aaa-credit-rating-lost-by-us-japan-optimistic-anyway/

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[1] U.S AAA Credit Rating Loss Possible- Japan Economy Finds Bottom?: http://www.reuters.com/article/ousivMolt/idUSTRE54K5AN20090522

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