WARNING...Fitch finds fault

09 Aug 2020 11:17 #1 by homeagain
www.forbes.com/sites/advisor/2020/08/07/...imulus/#42d075c652dd

Fitch is NOT confident on US coming to an agreement....finds US has HIGHEST DEBT of any AAA rated country....they WILL DOWNGRADE AGAIN
if deal not decided........WATCH WHAT HAPPENS :dominos:

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10 Aug 2020 08:20 #2 by FredHayek
LOL, have you ever read about confirmation bias?
Unemployment is down to 10%, despite us being in a global pandemic. During President Obama's Great Recession, unemployment spent a long time at 8%.

Sure we have a lot of debt, too much in my opinion, but we are better off than so many other nations. And (wink, wink), one of the big secrets of "too big to fail" is if you declare the US is bankrupt, it will be even more difficult to get paid back if you are a debtor to the US.

Thomas Sowell: There are no solutions, just trade-offs.

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10 Aug 2020 20:07 #3 by homeagain
OBVIOUSLY....U do not see the cracks in the dam...widening as we "speak"....

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10 Aug 2020 21:21 #4 by Blazer Bob

FredHayek wrote: LOL, have you ever read about confirmation bias?
.


ROTFLMAO. Apparently not.

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