The global market is in chaos today! Moody's announcement has directly kicked the United States' credit rating from the 'get out of jail free' Aaa down to Aa1. This is not just a downgrade; it's clearly stripping the United States of its fig leaf in public!
How surreal is the situation?
All global assets have collectively plummeted today, whether it's stocks, gold, or government bonds, all being frantically sold off by investors— even safe-haven assets have become hot potatoes! Why is it so crazy? Because Moody's has taken action! This was the last agency to maintain the AAA rating for the U.S., and now even they can't stand it anymore, directly stamping it as: The U.S. is in too much debt, unable to even pay the interest!
The heartbreaking truth behind this:
The U.S. has been printing and borrowing money crazily over the years, and the debt is set to exceed 34 trillion this year, with interest burning up 1 billion a day! Moody's calculated that by 2035, the debt owed by the U.S. could account for 134% of GDP—equivalent to the entire nation not eating or drinking for a year and still not enough to pay off the debt! What's even more absurd is that the two parties in the U.S. are constantly bickering over the debt ceiling, treating the creditors like fools, even acting out the final ultimatum drama hundreds of times.
All three major rating agencies have defected!
Back in 2011, S&P stripped the U.S. of its AAA crown, and in 2023, Fitch also turned against it, and now Moody's has delivered the final blow— the U.S. credit has completely collapsed! This is not just a downgrade; it's a death knell for global investors: this country really doesn’t intend to pay its debts!
The most tragic are ordinary people!
Stock markets are crashing, pension funds are shrinking, dollar assets have become minefields… The Federal Reserve is raising interest rates and squeezing the global populace, while the Treasury continues to spend beyond its means, leading to a situation where: American citizens are crushed by mortgage and car loans, and Chinese mothers are crying over their gold funds' losses, with the whole world falling into the pit together!
Finally, let’s speak some hard truths:
Moody's stab is indeed brutal! But it should have happened long ago! U.S. politicians treat national credit like a poker game, casually throwing it around, racking up a mountain of debt while stubbornly claiming 'the economy is fine.' Now they can't even protect their credit rating; this government is simply playing with fire! The global market is bleeding profusely, and no one can remain unscathed—after all, no one's money comes from thin air!
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