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Moody's downgraded the United Sates' credit rating for the first time in history citing unsustainable path for US federal debt and its resulting interest burden. (www.reuters.com)

submitted 3 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] yogthos@lemmy.ml 4 points 3 months ago

I mean it's not like all these problems just magically appeared in the past few months. The proxy war Biden's been running over the past three years certainly played a role here.

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