Wednesday, June 28, 2023

High Time for the 3 Major Ratings Agencies to do Their Jobs

 


Moody's, Standard and Poor's and Fitch need to start calling a spade a spade

Both political parties are full of shit where the debt ceiling is concerned and they both know it.  Higher rates (much higher) and lower ratings from the Big 3 Agencies on US issued debt is the ONLY cure for purging out the rot in the system.  It can't come fast enough for your Old Uncle Kenny.  Fuck 'em all and let God sort 'em out.

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