US Downgrade, US Recession, US Economy, US Debt Ceiling
Morgan Stanley warns of US, EU recession
Morgan Stanley said Thursday that the United States and Europe are dangerously close to recession, blaming in part policy errors by authorities on both sides of the Atlantic.
US will always be a "triple-A" country: Obama
President Obama strongly defended US credit after a historic debt downgrade.
`Americans say Obama government can`t fix US economy`
46 percent of registered voters say they plan to vote against Obama next year.
Exclusive
Debt deal, downgrade add to view of waning US power Debt deal, downgrade add to view of waning US power
By 1970, US share of global GDP had slipped to one quarter.

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Fact File
S&P put a AAA rating on the United States in 1941.
S&P revised US sovereign credit to negative on Apr 18, 2011 for first time.
Moody`s assigned a Aaa rating with a stable outlook on the US in 1917.
On Jul 13, 2011, Moody`s put US credit rating on review for possible downgrade.
Fitch issued a AAA rating with a stable outlook for US on Aug 10, 1994.
Have Your Say
Downgrade reflects changing global balance Downgrade reflects changing global balance
US downgrade is a reflection of a wider malaise inside the historic centres of capitalism.
   
opinion poll
Will US downgrade shift the balance of economic power?
Yes
No
Can`t say
Mouthful
We knew from the outset that a prolonged debate over the debt ceiling -- a debate where the threat of default was used as a bargaining chip -- could do enormous damage to our economy.
- US President Barack Obama