cm0002@lemmy.world to United States | News & Politics@midwest.social · 8 days agoMoody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.www.reuters.comexternal-linkmessage-square18fedilinkarrow-up1125arrow-down13cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up1122arrow-down1external-linkMoody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden.www.reuters.comcm0002@lemmy.world to United States | News & Politics@midwest.social · 8 days agomessage-square18fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-squareSwingingTheLamp@midwest.sociallinkfedilinkEnglisharrow-up4arrow-down1·7 days agoYes, I agree, what you said is true, but it’s also true that the purpose of Moody’s rating scale is to assess risk to investors rather than the soundness of the bond issuer.
Yes, I agree, what you said is true, but it’s also true that the purpose of Moody’s rating scale is to assess risk to investors rather than the soundness of the bond issuer.