Posted on 05/16/2025 2:16:35 PM PDT by C210N
May 16 (Reuters) - Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns".
"Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs," Moody's said in a statement.
(Excerpt) Read more at reuters.com ...
The dollar itself is debt itself. It is NOT money, just a derivative of money. Real money is gold and silver, has been for thousands of years, and will continue to do so, as fiat currencies are born, live for awhile, even thrive, before they dramatically fall.
we cant cut spending, look what they did to Elon when he tried even to cut total crap
They are not wrong.
Get Johnson and Thune in the Stocks on the front lawn of the Capitol.
They’re trying to kill the One Holy Catholic and Apostolic Bill.
Oops...the One Big Beautiful Bill.
This is all Trump’s fault! If we had elected Kamala, Moody’s would have been reasonable and said, “Nothing really bad about 37 trillion in debt. And Kamala is in charge, so we’ll keep it at AAA rating.”
The DEMs and the RINOs want the country to collapse under Trump, and they will pass policies to make that happen.
…and still not much mention of Gold reaching $3300 USD’s, the Fed buying unsold debt instruments,….the outcome is so, so obvious to those not being spoon fed by MSM.
This is propaganda.
They did this under Biden less than 2 years ago. I remember when it happened.
I found an old article. See below.
https://www.reuters.com/markets/us/moodys-changes-outlook-united-states-ratings-negative-2023-11-10/
You're right.
And Jerome Powell wasn't aggressive enough on interest rates. He needed to do that to reduce the money supply. One way of doing that is to force a recession. It worked for Paul Volcker.
My personal belief is that Interest Rates need to be 3% real.
Inflation plus 3%.
Happened in 2011 too.
The dollar itself is debt itself. It is NOT money, just a derivative of money. Real money is gold and silver,
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Good to see someone who understands. Good Luck trying to get Joe six pack and western MSM understand that.
Can’t say they haven’t been warned…..as in the 2008 meltdown, the few who saw the “ signs” prospered, most others, not.
I remember when Moody’s prevented the 2008 crash by rating junk tranches of CDS AAA. Oh wait...
Not saying our credit sucks, just that Moody’s is worthless as a credit ratings agency.
Notice all of these deep state controlled organizations coming out to try to stop Trump.
Doesn’t suck
When a credit rating falls, the next attempt to borrow money should be at a higher interest rate. The Fed cannot allow the market to spike rates, so you can expect intervention.
Inflation plus 3%.
You're right. That's probably what Volcker did.
It worked for Paul Volcker.
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Do remember our national debt was only $830 billion back then, not even close to $37 trillion, which is mathematically impossible to pay.
We are now in a debt spiral, which Volkner back in 2011? even stated. In his prophetic words, “ we will be strangled”….as we are witnessing.
Exactly. Karamela would have appointed a Modern Monetary Theory fabulist like Stephanie Kelton as some sort of Czar Komissar in charge of printing money at light speed until the printing press caught on fire and collapsed; and then Kelton would have turned around and minted a $36T platinum coin and deposited it into the Treasury on behalf of the Federal Reserve; and that would be that, the PLA would have invaded Taiwan the next weekend given no chance to recoup their $1T of owned US debt.
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