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Jolly Platypus@lemm.eeM to Trump Watch@lemm.eeEnglish · 8 个月前

US completely loses perfect credit rating for first time in over a century

www.newsweek.com

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US completely loses perfect credit rating for first time in over a century

www.newsweek.com

Jolly Platypus@lemm.eeM to Trump Watch@lemm.eeEnglish · 8 个月前
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The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
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  • Zachariah@lemmy.world
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    8 个月前

    • No_Ones_Slick_Like_Gaston@lemmy.world
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      8 个月前

      He did that!

  • JeeBaiChow@lemmy.world
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    8 个月前

    Thanks trump!

  • Nunar@lemmy.world
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    8 个月前

    Of course they do. They’re run by a bunch of dipshit weirdos who don’t pay bills on purpose.

  • Tracaine@lemmy.worldBanned
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    8 个月前

    Enh, I couldn’t afford to borrow anything anyway.

    • lurch (he/him)@sh.itjust.works
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      8 个月前

      It’s for the government. It means it’s harder for them to quickly finance things.

      • ℍ𝕂-𝟞𝟝@sopuli.xyz
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        8 个月前

        And I guess that record sized national debt is also going to cost more.

        • Monument@lemmy.sdf.org
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          8 个月前

          Loss of the dollar as the world reserve currency, and hyperinflation go BRRRRR.

  • Kecessa@sh.itjust.works
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    8 个月前

    Probably not the first time in over a century that should have happened considering that the US is so dependent on increasing its debt ceiling all the time

    • Rivalarrival@lemmy.today
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      8 个月前

      Its not the first time. This is one rating from one credit reporting agency. We’ve lost AAA status with at least two others in the last 10 years or so.

  • Highlybaked@lemm.ee
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    8 个月前

    Excellent news

  • Bakkoda@sh.itjust.works
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    8 个月前

    This is clearly Trump standing up and doing what’s right in the face of blatant corruption.

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