The United States loses its perfect credit score for the first time in over a CENTURY - CNN | #MAGA 🦅 UPDATE: thread🧵

ReasonableMatic

................................
Joined
May 3, 2012
Messages
19,011
Reputation
8,014
Daps
119,479


GYLqPYaWYAAC-tL



giphy.gif


“Massa sho good for the economy.
Stay tuned, mo tangibles on the way family”


-
21988-0762f50e81a0d92bb7cb8b6bef5334b9.jpg


:mjlol::mjlol::mjlol:

UPDATE:







 
Last edited:

invalid

Veteran
Joined
Feb 21, 2015
Messages
20,305
Reputation
7,069
Daps
82,114
U.S. has been in debt for a long time....

Terrible, but how did we have a perfect rating with so much debt anyway, now we got more debt :mjlol:

it's not the debt that's the issue. the us had maintained a perfect rating because it met it's debt obligations on time and always repaid in full. it still has that ability, we even have trillions in infrastructure that could be put up as collateral. the rating was downgraded because there is fear that the us won't meet it's debt obligations because of political reasons. and political/economic stability is factored into the rating.
 
Top