Market is actually dumb if they need a rating agency to say a government 37 trillion in debt has bad credit
Discussion
Somebody needs to say out loud that the emperor is naked.
Tradfi bros lack common sense.
In the fiat system, more debt is generally good for a credit rating…until suddenly, it isn’t.
AA1 is hardly bad credit. Like going from an 825 to a 750…
market is a gambling pump and dump casino that creates news to justify price movements in the minds of its gamblers
😂yes 🤜🤛