Course Standard & Poors is so far the only one that downgraded, but I heard on FOX news that it takes 9-18 years to recover the higher rating. The quickest time period where it’s been accomplished has 9 years so we’re probably looking at - at least that to raise back to a triple A.
I just hope the other one’s don’t follow suit, right now they’re saying they won’t downgrade. I seriously doubt they want the financial crisis we’d be in if they did.
I just read a response on another thread where Canada had supposedly recovered from a downgrade to AA back to AAA in 3 or 4 years. I have no clue as to the veracity of the claim, but apparently it can be done if the postee was correct about that.