by Summary:
Another dumb, ignorant move by 1 of the 3 rating agencies.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Another dumb, ignorant move by 1 of the 3 rating agencies.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Another dumb, ignorant move by 1 of the 3 rating agencies. |
How's the heat there. You don't seem to be affected.
did you just admit to insider trading and say you believe in honesty lol 😂
Always be aware of the smartest person in the room.
You can take all their money, but they won't learn.
I love you too, just go to bed 🛌 and have a nice good night sleep 😅
😂😂😂, I hear you, "my duty"!
I think rating agencies simply judges that the deficit is too high and the interest payment is too high, and that devalues USD quickly ? lol
Wow, did you just admit to insider trading?
There is no insider trading in the commodities market. It’s not regulated by the SEC.
@Mike Norman MMT Economics Hahaha…. Sorry. Thought you were being just a little too honest. LOL. Learn something new every day.
Mike, you are so honest, you just confessed to insider trading!
So if US can print all that money, why borrow?
It doesn't borrow from the MMT paradigm.
To whom do you refer?
I remember a pretty big reaction when S&P downgraded. There was some sort of investigation into their reasoning or something (I’m going off memory, and I can’t totally remember 😂)
That child screaming bloody murder was concerning.
Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government's ability to pay its bills
I really like u Mike
❤👁
good review
What would you take advantage of for investing when the US credit rating is downgraded, other than stocks going down? Are there any market products that are specifically tied to this other than stock in general? (Question for anyone)
If you print like crazy to spend and pay debt, you'll be worse than Venezuela 😊
sounds fitchy to me
Maybe Fitch is worried they're going to run out of keystrokes.