Dollar Trouble as US Government Bonds Lose AAA Rating

by Franco on July 17, 2010

The UNTHINKABLE has happened.

U.S. government debt has lost its sterling AAA credit rating!

The incompetence and irresponsible spending of the United States Government, like the insane spending sprees of Dubai, Greece and Iceland, has caught up with us.

The good news is that the downgrade has come from upstart rating agency China-based Dagong International Credit Rating. The bad news is that Standard & Poor’s, Moody’s, and Fitch are almost certain to follow, and that will mean disaster for the dollar as well as dollar-denominated assets (your employer’s assets, your employer’s credit world and your own job to be impacted, for sure).

Click here to learn how you can turn that currency lemon into income lemonade with my No. 1 Baby-Boomer friendly home business and No. 1 Training & Mastermind Group, both designed to keep profiting from America’s falling credit rating and also by America’s recovery. Truth be told, this one “under the radar” industry BOOMS in both “Good Times” as well as “bad.”

In fact, this industry is booming in spite of, and because of, the surrounding economic climate. There just is no traditional institution left to trust. Your banker screwed you. Your credit card company screwed you. Employers are laying off and replacing you with younger and cheaper all the time and now your government sold you up the river too. I mean… what else do you need as a “wake up call?”

Isn’t it time to turn to each other and create our own economies?

You’d be surprised how simple it can really be. Click here to learn for yourself and call me with any questions.

Best wishes,

Franco

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