☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 8 days agoMoody'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.www.reuters.comexternal-linkmessage-square53linkfedilinkarrow-up1130arrow-down10cross-posted to: world@quokk.auFuckTheUSA@lemmy.causa@midwest.socialusa@lemmy.mlus_news@lemmygrad.ml
arrow-up1130arrow-down1external-linkMoody'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.www.reuters.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 8 days agomessage-square53linkfedilinkcross-posted to: world@quokk.auFuckTheUSA@lemmy.causa@midwest.socialusa@lemmy.mlus_news@lemmygrad.ml
minus-squarePKMKII [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up39·8 days agoRemember 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.
minus-squarelemmyseizethemeans@lemmygrad.mllinkfedilinkEnglisharrow-up15·8 days agoNow it’s over leveraged private equity funds. Lookup blackstone
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.
Now it’s over leveraged private equity funds. Lookup blackstone