A downgrade doesn’t matter if it doesn’t affect the rates?
Seems to me that the lower the rating the higher the cost (rate) to raise money. Or we can just print like crazy, drive the dollar down down down and pay higher prices on all we buy!
It is always best to keep one’s mouth shut and not let others think you are a fool, than to open it and remove all doubt.
Glad you said that 3 times ;-)