Skip to comments.
Fitch downgrades U.S. long-term rating to AA+ from AAA
cnbc ^
| 08/01/2023
| Darla Mercado
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 ...
TOPICS: Business/Economy
KEYWORDS: bideneffect; bidenisinnocent; bidenlegacy; bidensfault; downgrade; fitch
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
1
posted on
08/01/2023 3:17:49 PM PDT
by
BenLurkin
To: BenLurkin
Downgraded again for the first time since...Obama/Biden.
To: BenLurkin
3
posted on
08/01/2023 3:30:54 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money)
Coming up: Fitch indicted for attempting to overturn democracy by conspiring to reduce the amount of cheap credit available to fund big-government policies that the people love.
To: BenLurkin
Next thing you know we’ll be printing those Zimbabwe bills.
5
posted on
08/01/2023 3:39:11 PM PDT
by
JZelle
To: BenLurkin
The Swamp doesn’t care. They just borrow more money from The Fed, and We The People get stuck with paying a higher interest rate.
6
posted on
08/01/2023 3:51:30 PM PDT
by
EvilCapitalist
(81 million votes my ass.)
To: EvilCapitalist
The only upside is higher rates for CDs;
7
posted on
08/01/2023 3:59:25 PM PDT
by
11th_VA
(XX < > XY)
To: JZelle
Like these?
8
posted on
08/01/2023 4:03:13 PM PDT
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: BenLurkin
50%+1 of voters have figured out that they can vote themselves money from the treasury. Add that to the fact that SCOTUS has repealed Article one section 8, meaning there is no limits on what Congress can legislate.
I’m normally optimistic...but it’s getting very difficult to be so anymore.
9
posted on
08/01/2023 4:08:33 PM PDT
by
rottndog
(What comes after America?)
To: JZelle
Next thing you know we’ll be printing those Zimbabwe bills.
10
posted on
08/01/2023 4:10:23 PM PDT
by
COBOL2Java
("Life without liberty is like a body without spirit." - Kahlil Gibran)
To: BenLurkin
11
posted on
08/01/2023 4:11:12 PM PDT
by
blueunicorn6
("A crack shot and a good dancer” )
To: COBOL2Java
There you go, medals all the way down to the ankle.
12
posted on
08/01/2023 4:15:04 PM PDT
by
JZelle
To: JZelle
It won’t be bills at all...CBDC
13
posted on
08/01/2023 4:15:17 PM PDT
by
EBH
(America Blackmailed, The True Story of the World War...Coming Soon (1/21-))
To: BenLurkin
Soon the Rats will have our rating equal to the Congo’s rating.
To: BenLurkin
Lets talk about Trump instead interesting timing the Trump stuff distracting from this major story.
15
posted on
08/01/2023 4:35:26 PM PDT
by
Nextrush
(FREEDOM IS EVERBODY'S BUSINESS-REMEMBER PASTOR NIEMOLLER)
To: BenLurkin
16
posted on
08/01/2023 4:40:05 PM PDT
by
Jonty30
(If liberals were truth tellers, they'd call themselves literals. )
To: Republican Wildcat
The slow destruction of the US by the uniparty continues unabated.
17
posted on
08/01/2023 5:20:59 PM PDT
by
joma89
(Buy weapons and ammo, folks, and have the will to use them.)
To: Republican Wildcat
> Downgraded again for the first time since...Obama/Biden.The last President who was able to prevent the National debt from surpassing our GDP was .... Donald J. Trump in 2019.
Mitch "The Turtle" played 50 -D chess and bamboozled him into to going along with raising the debt limit when he should have known better.
Sorry folks, but these are the facts.
18
posted on
08/01/2023 5:55:47 PM PDT
by
SecondAmendment
(The history of the present Federal Government is a history of repeated injuries and usurpations ...)
To: COBOL2Java
My fear is that we will learn that he is a fan of Barbie.
Klaus Barbie....
19
posted on
08/01/2023 6:21:00 PM PDT
by
fhayek
This isn’t good. And it’s as important as “other” news today.
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson