US Government Credit Rating Downgraded | Impact on Economy Explained! ft. Peter St Onge

In this video, Peter talks about the impact of Fitch's recent federal debt downgrade. With rising deficits and a risky debt-to-GDP ratio, the US faces higher interest rates on government debt, potentially pushing debt service to a staggering $2 trillion. Are we heading towards an economic crisis? Find out now!

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/
Peter's Website: https://peterstonge.com/

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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