Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description:  CNNMoney’s Poppy Harlow explains how S&P’s downgrade of the US credit rating may impact mortgages, car and student loans.

Source: CNNMoney.com – video report

Date: 07/06/2011

Link:  http://money.cnn.com/video/news/2011/08/06/n_impact_credit_downgrade.cnnmoney/

Questions for discussion:

  • Summarize the expected consequences of the S&P’s downgrade.
  • How would these changes be expected to impact the overall economy?
  • How can this problem be fixed?

Leave a Reply

Your email address will not be published.