The AA+ rating for the U.S. against the backdrop of rising debt and skyrocketing interest payments in the near future due to recent rate hikes is a f* joke.
So are rating agencies. *Mortgage backed securities cough*
The AA+ rating for the U.S. against the backdrop of rising debt and skyrocketing interest payments in the near future due to recent rate hikes is a f* joke.
So are rating agencies. *Mortgage backed securities cough*