Fitch just cut America’s credit rating.
Fitch Cuts USA's AAA-Rating, Cites "Fiscal Deterioration, Erosion Of Governance" https://t.co/qJPOX11SD3
— zerohedge (@zerohedge) August 1, 2023
Fitch cuts USA credit rating. 🚨🚨🚨
$33 trillion in debt and growing $2 trillion per year.
$1 trillion annual debt service to pay interest and rising.
18% of tax revenue. Probably $100 trillion in unfunded liabilities.I am surprised the credit rating isn't even lower. pic.twitter.com/U03FMvZmID
— Wall Street Silver (@WallStreetSilv) August 1, 2023
All of the credit rating agencies are corrupt. So it really says something that Fitch felt as if they could no longer bullshit people about the insolvent nature of the United States government. The rating should have been slashed much lower but any rating cut in this environment is telling. It shows the direction that things are heading in.
We will likely see the rats in Washington DC launch an investigation into Fitch for the rating cut. They do this to anybody who speaks the truth about them and their totally dysfunctional and evil system.
*WHITE HOUSE: STRONGLY DISAGREE WITH FITCH RATINGS DECISION
— zerohedge (@zerohedge) August 1, 2023
