Moody's Lowers U.S. Credit Rating As Debt Nears $37 Trillion, Here's Why

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  Posted by Two Blokes May 20 - Filed in General - #TwoBlokesTrading  - 3 views
  
  In a not-so-surprising move, the rating agency Moody's has downgraded the credit quality of the U.S. to AA1 from AAA. This recent action reflects the ever-growing concern over America's budget deficits and exploding debt.