US Debt Downgrades Will Keep Coming
SD Bullion
English - August 07, 2023 16:57 - 9 minutes - 17.1 MB - ★★★★★ - 12 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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US debt downgrades will be common given the Congressional Budget Office Projections. The United States' debt was downgraded to AA+ from AAA by Fitch, who cited fiscal deterioration, high & growing gov't debt burden, & erosion of governance relative to AA & AAA rated peers over the last 2 decades that has manifested in repeated debt limit standoffs & last-minute resolutions.