August 5, 2011
BREAKING: Credit rating agency S&P downgrades U.S. debt from AAA, the first debt downgrade in U.S. history

shortformblog:

msnbc:

The United States lost its top-notch AAA credit rating from Standard & Poor’s on Friday, in a dramatic reversal of fortune for the world’s largest economy.

In case you want to read it from a source that doesn’t have a robot with a smiley face and fedora as its avatar.

This is really, really, reallyreally, really bad.

(via shortformblog)

  1. msnbc posted this