It’s better to read the actual Fitch report than have it interpreted for you.
HockeyDad wrote:
I did. Did you too?
rfenst wrote:
Yes, yesterday morning. Wanted to see how much pain it will cause me.
Get hurt?
Oh yeah. That cost me some big money immediately.
Now we all pay for it in the interest rates of the one trillion in debt to be issued this month.
Thanks Biden.
This will cost everyone money just like inflation.
Gee, we continue to take on more debts (all of the last six presidents and congress) and our credits is worse?
REALLY?! Never saw that coming.
8trackdisco wrote:
The theory was that the gubment could continue to spend relentlessly and irresponsibly as long as they could have the FED monetized the debt and the Treasury money printing machines go Brrrrr... 24/7... and as long as they could continue to extract massive tribute from the proles to pay the interest, that it would impress creditors so much that you could pull those shenanigans off, that your credit rating would increase. It's all very progressive you know. You could try a similar strategy yourself, but I don't think it would improve your FICO score.
Trail cam picked up a 10 point, 8 point, 6 point and tons of does.
Downgrade deez nutz.............
My corn and beans are coming in just fine.
RobertHively wrote:
I hope you pay your fair share of that corn and beans to da government.
You wouldn't want Biden's heavily armed collection agents coming after you. 😰
