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Aaa-nd it’s gone!

Posted by ferrett @ 19:53 on May 16, 2025

US debt now rated Aa1 by Moodies.

Partly because just extending the tax cuts will add $4tn over a decade. Popular number, $4tn.

https://www.zerohedge.com/geopolitical/moodys-downgrades-usa-credit-rating-aaa

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