Jolly Platypus@lemm.eeM to

Trump Watch@lemm.eeEnglish · 1 day ago

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 · 1 day ago

9

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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lurch (he/him)@sh.itjust.works
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1 day ago
It’s for the government. It means it’s harder for them to quickly finance things.
- ℍ𝕂-𝟞𝟝@sopuli.xyz
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  And I guess that record sized national debt is also going to cost more.
  - Monument@lemmy.sdf.org
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    1 day ago
    Loss of the dollar as the world reserve currency, and hyperinflation go BRRRRR.

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