Fitch Warns USA's AAA-Rating At "Risk Of Near-Term Negative Action"
From zerohedge.com
In what some may call the 'worst' affirmation of a 'AAA' rating, Fitch has published a somewhat damning set of reasons why that AAA-rating may not last due to soaring debt, shrinking GDP, and the "helicopter-money" anti-virus actions. Notably, the sovereign credit risk of USA has been notably rising since 'helicopter money' began to make the mainstream two weeks ago... {image} Full Fitch Statement: Key Rating Drivers The U.S. sovereign rating is supported by structural strengths that include the size of the economy, high per capita income and a dynamic business environment. The U.S. benefits from issuing the U.S. ...
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