S&P downgrades US debt to AA+, the first debt downgrade in US history

kateoplis:

So, who are the last countries remaining in the Triple-A Club?

• 1. Australia
  
• 2. Canada
  
• 3. Denmark
  
• 4. Germany
  
• 5. Holland
  
• 6. Norway
  
• 7. Singapore
  
• 8. Sweden
  
• 9. Switzerland
  

At risk of losing AAA Rating:

• 1. Austria
  
• 2. Finland
  
• 3. France
  
• 4. United Kingdom
  

“Keep in mind that Japan lost its AAA rating in the late 1990s. It was further downgraded earlier this year. It was as recently as 2009 that S&P cut Ireland’s AAA rating. Italy and Spain were both AAA rated in the 1990s, but Spain was actually raised back to AAA before losing it again in 2009.”

Read on.