RSS BotMB to Hacker NewsEnglish · 13 days agoUS loses last perfect credit rating amid rising debtwww.bbc.comexternal-linkmessage-square3fedilinkarrow-up155arrow-down10file-text
arrow-up155arrow-down1external-linkUS loses last perfect credit rating amid rising debtwww.bbc.comRSS BotMB to Hacker NewsEnglish · 13 days agomessage-square3fedilinkfile-text
minus-squareRaltoid@lemmy.worldlinkfedilinkEnglisharrow-up10·edit-213 days agoThis part is relevant, and shows that it is not reactionary or just based on recent events: Moody’s warned in 2023 the US triple-A rating was at risk. Fitch Ratings downgraded the US in 2023 and S&P Global Ratings did so in 2011.
minus-squareJason2357@lemmy.calinkfedilinkEnglisharrow-up6·13 days agoEvery time they played chicken with the debt ceiling, they were warned this was coming.
This part is relevant, and shows that it is not reactionary or just based on recent events:
Every time they played chicken with the debt ceiling, they were warned this was coming.