For the first time in American history, the USA's creditworthiness has been downgraded:
BBC News - US loses AAA credit rating after S&P downgrade
http://www.nytimes.com/2011/08/06/business/us-debt-downgraded-by-sp.html
If the money-minded Osama was alive today, this event would have prompted another speech from him on the USA's demise. The USA's loss of its AAA credit rating is an extraordinary event.
Indian babus will have to shift their money from the US back to the Swiss bank accounts.
BBC News - US loses AAA credit rating after S&P downgrade
http://www.nytimes.com/2011/08/06/business/us-debt-downgraded-by-sp.html
If the money-minded Osama was alive today, this event would have prompted another speech from him on the USA's demise. The USA's loss of its AAA credit rating is an extraordinary event.
Indian babus will have to shift their money from the US back to the Swiss bank accounts.
