Posted on 08/01/2023 3:17:49 PM PDT by BenLurkin
Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to “expected fiscal deterioration over the next three years,” as well as a growing general debt burden.
(Excerpt) Read more at cnbc.com ...
Should be lower.
Coincidence! Just like the Trump indictment was announced shorty after this was announced.
I agree. Should have been lowered a while back. IMHO, “AA-” is more appropriate.
Well, they are located in NYC. I’m sure Fat Albert has been told to ignore murders, rapers, etc and get right on this.
We’re one good (manufactured) financial crisis from the Great Financial Reset -— “temporary bank closings” and the conversion to CBDC and haircuts on all savings & financial assets.
“I’m from the government and I’m here to help.”
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