They are at it again. Moody’s has finally joined the other two ratings agencies in downgrading US government debt. Standard & Poor’s downgrade was first in 2011[1], while Fitch waited until 2023. Now they unanimously give US budgeting a vote of no confidence.[2] They’re sending the message that America must get its fiscal house in
  • subversive_dev@lemmy.mlEnglish
    3·
    24 days ago

    I really enjoyed this read, it gave me a whole new understanding of the international government/currency system. Thanks for posting