Us aaa credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2011 what is happening in US now... wat is meant by AAA credit & what is AA+ CREDIT.... Why these are now being talked much... What is the real meaning of these?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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07 August 2011 AAA is the credit ratting being done by the rating companies or authorities if it AAA+ then you can blindly invest your money as rating agency have considered all ifs and buts and your money is safe but down the line first + is removed and from AAA it is only AA this means the economy of that country is heading towards downfall and the bad days have started. It is a clear cut indication of rescission in a bigger manner and there are chances that lot many people will loses their jobs and there will be high inflation in the market. Markets will fall including stock market which is happening and the effect can be seen not from US but also from the Indian market. It will will have the effect all over the world if the developed country is facing the problem then underdeveloped countries stand no where.

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2011 THANK U SIR...