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On May 16, 2025, Moody’s downgraded the rating of US debt from AAA (Aaa) to AA+ (Aa1). What does this mean and what does economics have to tell us about it.
by MPLan 1y ago
On May 16, 2025, Moody’s downgraded the rating of US debt from AAA (Aaa) to AA+ (Aa1). What does this mean and what does economics have to tell us about it.