US Government Credit Rating Downgraded from AAA to AA+ After Bombshell Report
11 months ago
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The writing is on the wall. Debt now increasing by almost $1 Trillon a month and could increase over 50% just this year. There is no chance of repaying. Once the investors realize it, they will collectively dump. It's Game Over for the U.S. Dollar.
Defaults are coming as well as more interest hikes as oil skyrockets, bank failures, tight liquidity and then a recession that could turn into a depression.
Sources:
https://www.cnbc.com/2023/08/01/fitch-downgrades-us-long-term-ratings-to-aa-from-aaa.html
https://www.usdebtclock.org/
Michael Cowen -- Youtube -- https://www.youtube.com/watch?v=unsfIGNvB0k
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