Biden continues Obama legacy - US credit rating downgraded again

August 3, 2023 - NO Soundbites Allowed - 12 years ago America was promised that the downgrade of US credit rating was just temporary. Now it happened again. The result will hurt generations to come, as we are told Bidenomics is a good thing. China agrees.

Sources:

https://www.bbc.com/news/business-66384289
https://web.archive.org/web/20220117070851/https://www.mvass.com/2011/07/26/america-peter-wants-his-money-back/
https://www.politico.com/story/2011/08/us-loses-aaa-credit-rating-from-s-p-060778
https://www.bbc.com/news/business-66379366
https://tradingeconomics.com/united-states/rating
https://www.usdebtclock.org/
https://www.un.org/africarenewal/magazine/august-2014/chinese-yuan-penetrates-african-markets
https://markets.businessinsider.com/news/currencies/dedollarization-dollar-dominance-china-yuan-bolivia-argentina-brazil-south-america-2023-7
https://www.npr.org/2023/06/12/1181062016/dollar-reserve-currency-debt-ceiling-sanctions-china