March 15 (Bloomberg) — The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service.
No kidding Moody’s
Way to state the obvious.
Of course, the criminals at Moody’s still haven’t reduced the AAA rating, which is a joke in itself. They are issuing all these warnings yet taking no action to protect their investors by issuing the real rating the US deserves.
The US is completely insolvent and any rate hike will blow the whole system up.
Moody’s MUST be colluding with the criminals in Washington and Wall Street. Any sane rational ratings corporation would have downgraded the US debt rating long ago.