US Rating Cut to AA+ from AAA by Fitch

Re:US Rating Cut to AA+ from AAA by Fitch by globalreset on Tuesday August 01, 2023 @08:18PM (#36965192)

Wake up: https://fred.stlouisfed.org/series/A091RC1Q027SBEA (that's US Government hitting 1 trillion USD in interest payments every year).

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Re:US Rating Cut to AA+ from AAA by Fitch by blondie9x on Tuesday August 01, 2023 @09:15PM (#36965697)

I used to think this mattered. But like climate change the worse it gets the more the markets ignore it. Until, until what? Not sure.

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Re:US Rating Cut to AA+ from AAA by Fitch by gsatic on Tuesday August 01, 2023 @09:36PM (#36965862)

Think of a teenager done with their growth spurt. Beyond that point, people stop measuring growth everyday.

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Re:US Rating Cut to AA+ from AAA by Fitch by candiddevmike on Tuesday August 01, 2023 @10:04PM (#36966065)

GDP growth (how we outpace out interest payments) is most likely counter intuitive to curbing climate change, IMO

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