Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.

On August 5, Standard and Poor’s downgraded the U.S.’s sterling AAA sovereign credit rating to AA+. But what does this really mean for consumers and citizens? The good people at Visible have compiled a very useful guide to help steer one through the ups and downs of credit ratings.

Click here or on the image below for a larger graphic.

Source: Visible, August 17, 2011 (hat tip: The Big Picture).

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The Idiot’s Guide to the U.S. credit downgrade was first posted on August 19, 2011 at 8:10 am.
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