Episodes
Monday Aug 07, 2023
US Debt Downgrades Will Keep Coming
Monday Aug 07, 2023
Monday Aug 07, 2023
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.
Version: 20240731
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