The Idiot’s Guide to the U.S. credit downgrade

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On August 5, Standard and Poor’s downgraded the U.S.’s sterling AAA sovereign credit rating to AA+. But what does this really mean for consumers and citizens? The good people at Visible have compiled a very useful guide to help steer one through the ups and downs of credit ratings.

Click here or on the image below for a larger graphic.

Source: Visible, August 17, 2011 (hat tip: The Big Picture).

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1 comment to The Idiot’s Guide to the U.S. credit downgrade

  • Ee Fry

    You realize the information on this graphic is scrambled? Either reverse the dates or reverse the information on the timeline.
    But I like the idea. I wouldn’t call this an “idiot’s guide”, however. No “idiot” will read and follow this.

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