What the new downgraded US credit rating means for you and me?
Yes, there will be some effects to you and me if we are applying for credit like buying a car or house. Maybe not much since most banks are NOT giving out loans. Â This downgrade is a reflection of our country not being able to live within its means. Â We actually borrow money to pay back money we have borrowed. Â Do you know what that eventually means? Â The house of cards will soon fall.
The long version or complete version of the movie House of Cards video.
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