S&P's US Debt Downgrade Impact?
So the United States lost its AAA credit rating from S&P's. After the US debt downgrade, how is this going to impact the country?
The U.S. government debt was considered the safest financial security in the world, I wonder what is going to happen now that S&P changed that.
The impact is not going to be minimal, I think investors are going to sell like mad and the stock market is definitely going down. In your opinion, is the impact of the US debt downgrade going to affects us regular citizens in a noticeable way?