US loses Triple A Credit Rating.

[Kantor]

maverick40 said:

Kasz216 said:

maverick40 said:

Wow, shocking stuff. And I thought Ireland was in a bad situation......I was wrong.  Our rate of tax is disgusting because of the recession though.  America should probably do the same.

The USA is ranked Double A, the second highest.

Ireland is ranked Junk.

Ireland is still in a much worse situation.

148 trillion in debt says hi. How is ireland in a much worse situation?

America's GDP is much higher and its budget can conceivably be balanced without bailouts from the EU.