Moody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 1 month ago

Moody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.

PKMKII [none/use name]@hexbear.net · 1 month ago

Remember when the credit agencies were giving high ratings to all the over leveraged banks in the lead up to the Great Recession? Good times, good times.

lemmyseizethemeans@lemmygrad.ml · 1 month ago

Now it’s over leveraged private equity funds. Lookup blackstone

Moody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.

Moody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.

reuters.com