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The stories only 3 paragraphs. > “This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and in
by lesuorac 1y ago
The stories only 3 paragraphs.
> “This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” the agency wrote.
It's that moody is grading on a curve.