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Moody’s Downgrades U.S. Credit Rating Amid Rising Debt Concerns
Episode 77
This episode reports on Moody's downgrade of the U.S. credit rating. The primary reason cited for this downgrade is the increasing national debt and a perceived lack of political will to address fiscal imbalances. The discussion highlights rising interest costs on this debt and discusses the immediate negative reactions observed in both the stock and bond markets. Finally, it touches on potential long-term consequences, including constraints on future fiscal policy and a possible shift by investors towards tangible assets like gold and silver.
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Read the article that this episode is based on at https://goldiracompaniescompared.com/news-items/economic-financial-bulletins/moodys-downgrades-u-s-credit-rating-amid-rising-debt-concerns
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Published on 7 months, 1 week ago