the last 230 years of its existence, USA has grown into a huge
integrated industrialised economy that represents about a quarter of
The 'AAA' rating is the highest possible rating and US has been
enjoying this top-notch rating ever since the agencies began
assigning sovereign credit rating to the country. Today, the US is in
a unique situation; S&P this weekend stripped the US off this
rating, downgrading it a notch lower to 'AA+', while terming the
efforts being taken to tackle the country's soaring debt levels as
by the first-ever downgrade to its top-notch sovereign credit rating,
the US has hit back at S&P, saying that the rating agency's
flawed analysis has put its own credibility and integrity at risk.
Sharma, president of Standard & Poor's, a leading provider of
financial market intelligence and one of the world?s three foremost
credit rating, investment research and risk evaluation agencies. When
asked in an interview to Wall Street Journal about the
impact of Friday?s downgrade on markets, Deven said: ?Markets are
a mystery for all of us. We are moving into uncharted territory. But
we had telegraphed in July when we did the credit watch negative what
impact a downgrade could have on different sectors.?
has incredible influence over the world and economic depression in
the US, is a very bad news for a lot of countries. Believe it or
not, Ganesha had clearly foreseen all this and had forecast vide his
WILL SHE REMAIN ON THE TOP OR TOPPLE?'
In December 2010. The gist of his predictions are as below:
(South node) is transiting over natal Sun, Jupiter, Mars and Venus
through Gemini, the 11th
house of gains indicating negative impact on gains for a period of
about one and a half years, while
(North node) transit over the 5th
house will cause unpredictable fluctuations in the stock market.
Saturn's transit over the 2nd
house, of finance and economy will cause reduction and undue delay
in the influx of funds.
Saturn-Jupiter opposition will bring significant changes in U.S. and
its position as a super power.
feels that the struggle for U.S. is far from being over, and economy
will continue to remain limp for about an year and a half, till
short, U.S. is on the verge of beginning of a whole new era and that
might change the whole global political scenario in next couple of
feels that the USA is going through a very rough patch till
22/04/2012, during which president Obama will have a deluge of
challenges from all national fronts.
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