Investing @lemmy.world drexy_rexy @programming.dev 1y ago

Stocks sink after historic US credit rating downgrade

www.cnn.com Stocks sink after historic US credit rating downgrade

Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing "a steady deterioration in standards of governance."

2 comments

Someone had to do something. Glad this is happening, the financials of the US government is not a joke for parties to play with.
- Since it already happened once when they were screwing around with the debt ceiling last time I wouldn't be surprised if the reaction isn't as great.