there will be more downgrades of US credit rating simply a matter of when not if

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there will be more downgrades of US credit rating simply a matter of when not if

posted on Mar 15, 2012 12:55PM

S&P Says Improbable Any Economic Improvement Would Bring Back AAA US Rating

Submitted by Tyler Durden on 03/15/2012 - 12:27

Sigh:

S&P says that it is impossible that any economic improvement would bring back the AAA rating
US deficit progress is needed.
Outlook remains negative.

And what do stocks do on latest S&P report that America is broke? Why they surge of course....

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