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Agency has slashed the debt of greece to junk. they ve curt portugal, spain. what does that mean they cut the credit ratings? it s just reich you, if you run up too much debt, if you have financial problems, your credit score goes down, right? dramatically? and if you need to borrow money, your interest rates go up and it becomes even harder for you to pay your bills and harder for you to get your financial house in order. that s what s happening in europe. it s a real problem for the euro and or countries on the peripheral of the e.u. they re having a hard time running completes. here s what we re worried about, the domino effect in europe, the weak euro, the european currency could be a hit for u.s. experts, u.s. jobs, right? because as the dollar gets stronger, that makes it harder for to us sell stuff. germany alreadying having a little bit of an effect because of the weak euro. ....

Credit Score , Credit Ratings , Interest Rates , Rescue Europe , Domino Effect , Sell Stuff ,