Beware of robber banks (RB), bad advisors.
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Fitch Warns USA's AAA-Rating At "Risk Of Near-Term Negative Action"
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. ... (full story)
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- Mar 26, 2020 5:56pm Mar 26, 2020 5:56pm
- Not-KPMG
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- Mar 26, 2020 5:58pm Mar 26, 2020 5:58pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Mar 26, 2020 6:00pm Mar 26, 2020 6:00pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Edited Mar 27, 2020 7:11am Mar 26, 2020 6:07pm | Edited Mar 27, 2020 7:11am
- althar
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- Mar 26, 2020 9:53pm Mar 26, 2020 9:53pm
- RazorFitch
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- Mar 26, 2020 10:04pm Mar 26, 2020 10:04pm
- RazorFitch
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