đşđ¸ US Treasury Sec: âI donât really trust Moodyâs.â
On May 18, when asked about the downgrade of US credit rating, Secretary Wally Adeyemo casually replied:
đ âI donât really trust Moodyâs.â
đ Moodyâs cut the US sovereign credit rating from Aaa â Aa1, citing rising debt, soaring interest costs, and projected deficits nearing 9% of GDP by 2035.
đ Itâs the first downgrade by Moodyâs since 1917, and the last AAA from major agencies is gone.
𧨠Debt keeps climbing. Whatâs scarier than a downgrade? No one caring anymore.