America’s Debt: The BIG Wave [Infographic]

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

This morning credit rating agency Standard & Poor’s (MHP) said in order for the US to keep its AAA-rating, it is “very important” for Congress to deal with the cascading US Debt. China’s largest credit rating agency Dagong Global Credit Rating Co. was less diplomatic: they simply downgraded the US credit rating to AA.

This, my friends, is only the tip of the iceberg of what will unfold should we choose to kick the proverbial can farther down the road. As you can see in the infographic below, according to the US Treasury we are watching a debt Tsunami come ashore. If we have any pride or patriotism, we’ve got to start dealing with the crisis now before it wipes out generations of wealth:

Click for Larger Image

Are you scared to invest in the current environment? Let us show you how to continue growing your portfolio during these crazy times with our highly acclaimed Wall St. Cheat Sheet Premium newsletter.

More Articles About:
Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business