Republican Chaos Is to Blame for the Fitch Downgrade ...Middle East

It makes eminent sense that Fitch, one of the “big three” credit-rating firms designated “nationally recognized” by the Securities and Exchange Commission, downgraded U.S. treasuries on the same day that a federal grand jury indicted former President Donald Trump for trying to overturn the 2020 election. “There has been a steady deterioration in standards of governance over the last 20 years,” said Fitch. No kidding. Actually it’s been more like 40 years, with the steepest decline over the past seven, climaxing in early 2021 with what the Trump indictment describes (accurately) as Trump’s “conspiracy to impair, obstruct, and defeat the federal government function through dishonesty, fraud, a

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Last updated : 03 August 2023 clock 01:48 PM

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Republican Chaos Is to Blame for the Fitch Downgrade ...Middle East

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