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    The impact of Standard & Poor's downgrading

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    Discuss the impact of Standard & Poor's downgrading the U.S. credit rating in 2011. Address current and likely future impact on U.S. business, individuals, the global economy and current financial practices. Provide specific examples to support your response.

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    The impact to current individuals and businesses alike is that it is and will remain harder to obtain credit and once the credit is secured, it will cost more. When they lowered the credit rating, they essentially sent a message to investors that said the debt outlook is risky for the U.S.; we have the money in the economy but may not have the means to make good on our debts. One of the ways that the debt rating being lowered could ...

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    The expert discusses the impact of Standard & Poor's downgrading the U.S. credit rating in 2011. Address current and likely future impact on U.S. business, individuals, the global economy and current financial practices. Provide specific examples to support your response.

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