this post was submitted on 02 Aug 2023
99 points (99.0% liked)

World News

31477 readers
694 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
Rumblestiltskin@lemmy.ml
AgreeableLandscape@lemmy.ml
jackmarxist@lemmy.ml
zephyreks@lemmy.ml
OurToothbrush@lemmy.ml
99
Fitch downgrades US credit rating from AAA to AA+ (www.bbc.co.uk)
submitted 11 months ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
2 comments fedilink hide all child comments
 

cross-posted from: https://lemmy.zip/post/950303

Archived version: https://archive.ph/6BeO9
Archived version: https://web.archive.org/web/20230802055110/https://www.bbc.co.uk/news/business-66379366

you are viewing a single comment's thread
view the rest of the comments
[–] HobbitFoot@thelemmy.club 6 points 11 months ago

The last time a ratings agency did it, it just meant that more people bought treasuries.