Infograph (interactive).
MHP
Uncle Warren: In Omaha, the USA is Still Triple A
Buffett thinks S&P’s downgrade was made in error and that there is no recession on the horizon.
S&P Downgrades the United States
“The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics.”