Us credit downgrade aaa to aa+

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I made this presentation for economics CCE . Its Title itself describes it. The fonts may change because i used different fonts which are not in all computers ...mostly :) For further information contact me on Facebook [ ID - yusufswt ]

Transcript of Us credit downgrade aaa to aa+

Page 1: Us credit downgrade aaa to aa+

Presented By:

Yusuf Khan

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U.S. Credit Downgrade

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criticism

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“S&P’s decision

doesn’t make any

sense.”

[ Warren Buffett ]

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“We were

looking for a

consistent

bench-line and

also

nonpartisan

work.”

David Beers

[S&P’s global head of sovereign

ratings]

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Obama’s Speech on US

Economy

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Possible effects of downgrade of United States’ credit rating.

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ECONOMIC TSUNAMI

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Impact on our country

• The dollar losing its fundamental strength would mean a stronger rupee. At a time when GDP growth rate has exhibited a slowing trend and also when the Reserve Bank does not mind a growth-inflation trade-off, exports could take a hit. 

Impact on our country

• The dollar losing its fundamental strength would mean a stronger rupee. At a time when GDP growth rate has exhibited a slowing trend and also when the Reserve Bank does not mind a growth-inflation trade-off, exports could take a hit. 

Impact on our country

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Statement of Pranab

Mukherjee

“Our growth

story is

intact and

fundamental

are strong.”

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“ We should

still grow at

8.2 per cent

” Dr. Rangarajan

[PM’s Chief Economic Advisor ]

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