Downgrade of the U.S., what does it mean for the country? Part 2

After the USA downgraded by Standard & Poor's, there have been many comments that have come also from outside. China, for example, has wasted no time. The official spokesman of the government, Xinhau, said that since they are large economies, the United States and the European Union exert an enormous influence on the world and have a great responsibility in the eyes of the world economy. Faced with a series of debt crises they need to reflect on their modes of economic and social development and to adopt concrete measures to help solve the problem of imbalance in the global economy.

Many say, however, that there are good reasons to question the methods that were used by S & P to evaluate the sovereign credit. In the same way you bring into strong question the methods used in particular with which the United States were evaluated.

Now the U.S. government should be and decide what to do. Obama said that despite everything is still a country to be triple A, even though it is no longer written on paper. But as it is, the loss of AAA status highlights the failure of American policy. Here, then, that the work of the leadership of the country must now focus for maintaining the global position.

Some, however, the downgrade will not affect that much, at least from a financial point of view, the United States, which remain the strongest country in the absolute and the center of the world economy, is that with two three "A ". The issue that is political questions of themselves, or to understand and correct the behavior of American politicians, who failed to reach agreement quickly on this issue and it will be called, in the future, to take other important and very fast, which can not react the same way.

Posted in: Forex News