The UNTHINKABLE has happened. U.S. government debt has lost its sterling AAA credit rating! Like Greece, Iceland, and Dubai, the runaway spending from our Washington, D.C., politicians 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.
Watch my video to learn how you can turn that currency lemon into portfolio lemonade with my No. 1 mutual fund and No. 1 ETF pick, both designed to profit from America’s falling credit rating.
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