Moody's Downgrades U.S. Credit: What It Means For Stock Market Investors

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  Posted by Two Blokes May 18 - Filed in General - #TwoBlokesTrading  - 2 views
  
  Moody's downgrade of US sovereign debt reflects a decade-long fiscal deterioration, with debt and interest burdens projected to worsen dramatically by 2035. The downgrade is fully justified, as current fiscal proposals fail to address unsustainable deficits and rising interest costs, bringing the US closer to a debt spiral.