Beijing Downgrades US-Treasury to A+ - Is Anybody Listening?

So what does it mean for me?

This sounds like Doom on! NO?

The party is just about over.
No more free ride.
Time to pay the piper.

Idiots ! What are they gonna do raise our interest rates and make the money we pay them back with even more worthless?????????????

This shin needs to be Pit!!! Best article of the day, thanks OP!

Dagong is a private credit rating firm that few financial types around here pay attention to. However, they paid BIG attention to S&P's downgrade, such that I had to ask them (paraphrased) "The Big Three are the slimeball agencies that rated all that crappy MBS paper as Triple A. Why should you believe anything these lying sacks of shit say?"

Unfortunately, the average business professional here believes in the US government and its financial mafia owners even more than most Americans do.

From the article...
Yet the most important voice in the debate about the credit worthiness of America’s debt, is not the twisted opinions of the US-credit rating agencies, but rather, that of China’s credit rating agency - Dagong Global Credit Rating, which downgraded US-Treasury’s debt from A+ to single-A last week. “The US decision to raise the borrowing ceiling will not change the fact that the growth of its debt has outpaced its overall economic growth and fiscal revenue. “It may further erode the country’s debt paying ability in the coming years,” Dagong Global said. It also issued a negative outlook.  “The rise of the US-debt ceiling helped temporarily avoid a debt default but has not improved its solvency and the increasing government debt burden will deteriorate the US sovereign debt crisis.”

Sounds like they don't expect to get their money back...