United States Ratings Cut To AA+ From AAA By Fitch

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Just now! Devastating!

 

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Just now! Devastating!

https://www.fitchratings.com/resear...tings - London - 01 Aug,been affirmed at 'AAA'.

 

[Lazaran]

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Hmmmm.

I wonder if the MAGAts holding the debt ceiling hostage and planning another government shutdown had anything to do with that ???

 

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PANIC

"I strongly disagree with Fitch Ratings' decision. The change by Fitch Ratings announced today is arbitrary and based on outdated data," Yellen said in a statement.

 

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[HisArpy]

The economic pain is just beginning.

And to think there are some idiots out there who think Bidenomics has been a good thing.

 

[Lazaran]

The economic pain is just beginning.

And to think there are some idiots out there who think Bidenomics has been a good thing.

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The economy was supposed to have collapsed two and a half years ago derpy.



Bidenomics > Reaganomics.

 

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[snailspace]

Ballsy move by Fitch last night.

"Two weeks after the August 2011 S&P downgrade, the SEC and Department of Justice announced that S&P was under investigation."

The weapons of the Thug Gov will turn on Fitch

 

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[ll74]

This is entirely the fault of the GOP and their continued fight against paying the bills.

 

[Rightguide]

Just the beginning of what is to come with the next bond sale. It's all on Joe Biden and the Democrats and their fellow Rinos.

 

[ll74]

Just the beginning of what is to come with the next bond sale. It's all on Joe Biden and the Democrats and their fellow Rinos.

BDS

 

[BabyBoomer50s]

Not a pretty picture. Good time to lock in some good yields on low risk Treasuries though.

 

[Bray123]

1. Republicans were told they’d likely force a downgrade if they proceeded with their debt ceiling crisis.
2. Republicans proceeded with their debt ceiling crisis.
3. It led to a downgrade.

 

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https://twitter.com/x/status/1687114283283591169

 

[ll74]

That is because Australia doesn't discuss not paying their bills openly and frequently.

The rating is a reflection of the world's confidence in our bill paying. The Republican party consistently fucks with that.