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๐Ÿ‡บ๐Ÿ‡ธ US Treasury Sec: โ€œI donโ€™t really trust Moodyโ€™s.โ€


On May 18, when asked about the downgrade of US credit rating, Secretary Wally Adeyemo casually replied:
๐Ÿ‘‰ โ€œI donโ€™t really trust Moodyโ€™s.โ€
๐Ÿ“‰ Moodyโ€™s cut the US sovereign credit rating from Aaa โ†’ Aa1, citing rising debt, soaring interest costs, and projected deficits nearing 9% of GDP by 2035.
๐Ÿ“Œ Itโ€™s the first downgrade by Moodyโ€™s since 1917, and the last AAA from major agencies is gone.
๐Ÿงจ Debt keeps climbing. Whatโ€™s scarier than a downgrade? No one caring anymore.
#USDebtCrisis # Moody #CreditRating
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