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Greg 🎩
@gregory-1967
Moody’s has downgraded the U.S. credit rating from AAA to AA1 — meaning not even a single agency sees the U.S. as having the highest possible credit anymore! Why? 🔹 A budget deficit nearing $2 trillion per year 🔹 Debt levels exceeding the country’s GDP 🔹 And interest rates that have skyrocketed the cost of government borrowing! Moody’s has projected that the U.S. budget deficit will hit 9% of GDP by 2035, with national debt expected to break even the World War II record by then! The Federal Reserve now has two choices: either accept that record-breaking debt or tolerate inflation above its expectations.
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Jared 🎩
@javabu.eth
1000 $degen
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