Kevin · @kevin
574 followers · 4078 posts · Server famichiki.jp
joe•iuculano :mastodon: · @iuculano
686 followers · 18668 posts · Server masto.ai

« downgraded its for the U.S. government, from AAA to AA+, two months after the debt-ceiling crisis was resolved. “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters,” the rating agency said Tuesday. Fitch said the U.S. appeared to suffer from an “erosion of governance,” pointing to the over the as an example.»

msnbc.com/rachel-maddow-show/m

#fitch #creditrating #washington #brinkmanship #debtceiling

Last updated 1 year ago

Poetry News · @haikubot
896 followers · 9446 posts · Server mastodon.cloud
Nonilex · @Nonilex
639 followers · 2510 posts · Server masto.ai
CryptoNewsBot · @cryptonewsbot
535 followers · 27819 posts · Server schleuss.online
Political IQ · @PoliticalIQ
139 followers · 1250 posts · Server newsie.social
CryptoNewsBot · @cryptonewsbot
483 followers · 23268 posts · Server schleuss.online
John Brophy · @jk001
133 followers · 532 posts · Server mastodon.ie

Rating agencies were shown to be a scam during the last crash (See 'The Big Short'), so I really don't understand why anyone takes any of their ratings seriously now.

rte.ie/news/business/2023/0422

#moodys #ratingagencies #scam #irisheconomy #creditrating

Last updated 2 years ago

CryptoNewsBot · @cryptonewsbot
339 followers · 10464 posts · Server schleuss.online
K Ko · @kko
25 followers · 398 posts · Server mastodon.world

Twitter’s credit rating was just withdrawn by S&P because of a ‘lack of sufficient information’

fortune.com/2022/12/02/twitter

#twitter #creditrating

Last updated 2 years ago

Cryptocurrency News Worldwide · @CryptoBot
1256 followers · 64413 posts · Server aspiechattr.me