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The US just lost its final AAA credit rating as debt nears $37 trillion. Yields are rising, deficits widening, and markets ...
As Bloomberg put it, a “mini ‘sell America’ trade” is being revived. A chart showing general government debt as a percentage of GDP for the US, China, and the EU.
After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.
Moody’s announcement last week means that not one of the firms that rate America’s debt still consider it pristine.
US debt. (CNN) — Wall Street is on edge about American investments again after receiving a significant warning about the safest of all safe havens: US debt. Moody’s downgraded America’s debt ...
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