SHOCKER: Moody's just threatened to downgrade U.S. credit rating!

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From: Money and Markets <eletter@e.moneyandmarkets.com>
Date: Wed, Sep 12, 2012 at 12:20 AM
Subject: SHOCKER: Moody's just threatened to downgrade U.S. credit rating!

View Our Website [»] Archives [»] Find us on Facebook Follow us on Twitter Tuesday, September 11, 2012 YOUR BEST SOURCE FOR THE UNBIASED MARKET COMMENTARY YOU WON'T GET FROM WALL STREET BREAKING NEWS BULLETIN • BREAKING NEWS BULLETIN • BREAKING NEWS BULLETIN SHOCKER: Moody's Threatens to Downgrade U.S. Credit Rating! by Mike Larson Dear Subscriber, At 9:00 this morning, Moody's Investor Services announced that if Congress doesn't get its act together — and soon — it will likely STRIP the U.S. of its sacrosanct "AAA" credit rating! Moody's #1 worry? Why? Because the official U.S. government debt-to-GDP ratio is now about 103%: About HALF A TRILLION DOLLARS GREATER than the value of all the goods and services our entire economy produces. WORSE: It's only an eyelash away from where Greece's debt-to-GDP ratio was when the Euro crisis began! PLUS, Moody's also expressed concerns about the very same crisis we've been warning you about for months — The Fiscal Cliff: Or as Moody's calls it, the "large, immediate fiscal shock" that is now scheduled to strike the economy on January 1, 2013! Look: It's no secret that the United States government — and by extension, the economy and the stock market — is in serious trouble. Standard & Poor's already cut our AAA rating last summer. Moody's and Fitch avoided doing so, saying that the automatic spending cuts and tax hikes associated with the debt ceiling legislation would likely help stabilize our debt and deficit levels. But instead, things have only gotten WORSE! Washington is on track to run yet ANOTHER $1 trillion-plus annual budget deficit this fiscal year ... Our official national debt load just topped a whopping $16 trillion, and ... We are now staring down the barrel at a mind blowing $222 TRILLION in total government debt and obligations — bills that cannot ... WILL not ... ever be paid! That means the risk of a massive fiscal crisis crashing down on our nation like a ton of bricks is rising fast. How bad could it be? Well, in 2011, the debt ceiling debate and associated ratings crisis drove the Dow Industrials down by 2,000 points in nearly two, short weeks! Plus, risky bond prices got slammed and the entire economy reeled. Now we're facing a FAR GREATER crisis, and our craven politicians have wasted an entire year doing precisely NOTHING to head it off! If this isn't a recipe for disaster, I don't know what is! This is precisely why it is absolutely vital that you view our hot NEW video America on the Brink: the Great Fiscal Cliff of 2012-2013 ... IMMEDIATELY! In this extensively documented video, I show you why so many leading authorities are saying this crisis is threatening to ... Tear more than $1.6 trillion out of the hands of U.S. consumers and companies ... Bankrupt thousands of businesses ... Drive the unemployment rate to unimaginable levels, and ... Leave the U.S. stock market a smoking ruin. Plus, I reveal ... The FOUR deadly financial time bombs that are now set to detonate ON NEW YEAR'S DAY ... Why this crisis will be far worse than most experts now suspect ... The disturbing consequences: Five shocking forecasts that will impact YOU in 2012-2016 ... Plus, the TWO steps you must take immediately to protect and grow your wealth as this crisis unfolds! And much more! And although this crisis will not wait for you, me or anybody else ... you can get all the critical information you need to prepare right now — for FREE! Just turn up your computer speakers and click this link to begin watching the free video NOW! Best wishes, Mike Larson About Money and Markets For more information and archived issues, visit http://www.moneyandmarkets.com Money and Markets is a free daily investment newsletter published by Weiss Research, Inc. This publication does not provide individual, customized investment or trading advice. All information is based upon data whose accuracy is deemed reliable, but not guaranteed. Performance returns cited are derived from our best estimates, but hypothetical as we do not track actual prices of customer purchases and sales. We cannot guarantee the accuracy of third party advertisements or sponsors, and these ads do not necessarily express the viewpoints of Money and Markets or its editors. For more information, see our Terms and Conditions. View our Privacy Policy. Would you like to unsubscribe from our mailing list? To make sure you don't miss our urgent updates, just follow these simple steps to add Weiss Research to your address book. Attention editors and publishers! Money and Markets teaser content may be republished with a link to the full story on MoneyandMarkets.com. Such republication must include attribution with a link to the MoneyandMarkets home page as follows: "Source: http://www.moneyandmarkets.com" Weiss Research, Inc. | 15430 Endeavour Dr. | Jupiter, FL 33478 | 1-800-291-8545

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