Friday, March 26, 2010

Why the US Credit Crash Means a Downgrade for You


The phrase that keeps the economic world running: The full faith and credit of the United States.

Unfortunately, that phrase is increasingly empty and hollow.

In his latest Conspiracy of the Rich bulletin, Robert Kiyosaki explores why Moody’s is ready to downgrade the US credit rating—and what that means for you and your money.


Click here to read more.


"Being downgraded is like taking a hit to your FICO score. If you have a poor FICO rating, you pay more for your debt. If the US doesn’t improve its own financial standing and the interest rates on our debt increase as a result, the US will suffer."

– Excerpt from Robert’s Conspiracy of the Rich bulletin


You don’t want to miss this!



Read Robert's latest post here.

No comments: