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Countries that have lost AAA rating from S & P

Countries that have lost AAA rating from S & P

Lets try and learn from History.

If rating downgrades don’t augur immediate crises, they tend to indicate trouble on the horizon. Of the 10 other countries that have been downgraded from AAA, eight experienced further downgrades and five have still never recovered their AAA rating. Deeper downgrades have been associated with interest rate spikes, and the fact that both S&P and Moody’s have us on a negative outlook suggests that more downgrades could be in our future.
List of countries that lost AAA rating

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