/biz/ - Business & Finance

>>55724992
>AA+ to AAA
what a retarded downgrading system.

not again

>>55725002
tard

Didn't this happen in 08
t. zoomgroid young enough to not remember 08

>>55725002
Nigger brain cant read

>>55725002
>>AA+ to AAA
That's not what the article said you brown monkey

>>55725008
I don't think that they did it to the USA.
They did downgrade banks after the collapse though lmao.

>>55724992
>yfw MSFT has a higher credit rating than the us government

also the last time this happened (s&p), the feds opened an investigation in to s&p and the s&p ceo resigned

>>55724992

MODSSSSSSSSSSSSSS

STICKY

>>55724992
It's priced in.

>>55725002
its the other way around

>>55724992
Good. Fuck the dollar

>>55724992
unironically bullish

>>55724992
Well deserved

>>55725002
AAAA+
AAAA
AAAA-
AAA+
AAA
AAA-
AA+
AA
AA-
A+
A
A-
BBBB+
BBBB
BBBB-
...
etc.

dxy gonna dump
btc gonna pump

fuck mutts

>>55725105
Based.

>>55725099
This is so easy to solve it’s stupid. Just get a second credit card and use it to pay off the 32 trillion dollar debt on the first one.

>>55725158
No see just give some homeless dude in Missouri a 0% balance transfer card, then kill him, and all our financial sins will be forgiven. Kinda like they did Jesus.

>>55724992
ah shit here we go again

>>55724992
Doesn't matter. The USD is the cleanest dirty shirt.

great for BTC

send it

>>55725198
Then we can once again have our Margaritaville machines.

markets start reacting and tanking

>>55724992
BULLISH
BUY THE DIP!!!

>>55725360
Amen

>>55724992
That’s bidenomics baby

>>55724992
probs just a political move to disenfranchise chinese owned US debt.

wait a second i thought the economy was good

Interestingly enough the big reason is political gridlock. Moodys doesn’t foresee the parties making agreements again to avoid default

Should be a huge wake up call for those that invest in ETFs and Mutual Funds solely in the USA stonks

>>55724992
>make payment on time
>credit downgraded anyways

(((lol))) (((lmao))) (((even)))

>>55725158
just start a second government to lend you more money

>>55725033
I second the motion. All in favor?

>>55725957
aye

>>55725866
>take on more loans
>dont increase income proportionally
WhY ARe ThEy DeWnGraAdiNg?

Why does this news never break during trading hours

>>55725957
Ja

>>55725033
Do your god damned (unpaid) job jannies!

0% chance the u.s. defaults on dollar denominated debt
99% chance the dollar loses value
so what are they rating?
if it's the former, then no question it's AAA
if it's the latter, all government bonds should be rated junk, which really carries over to corporate bonds, since the denomination is the same

>>55725998
They dont think the chance is 0%

hmmm maybe running a 7% deficit every year isn't a sustainable thing

>>55726014
i think they do, but they're trying to play it both ways, and aa+ is a nod to the fact that actual inflation is higher than yields, implying negative value

>>55726016
>Fitch forecasts the general government (GG) deficit to rise to
>6.3% of GDP in 2023
>6.6% in 2024
>6.9% in 2025

Fastest recovery ever!

>>55724992
You know when the US would get its credit downgraded I was hoping for a tsunami of downgrades but this has taken literal years to happen.

Oh and the captcha increased digits.

>>55724992
bump

>>55725962
>>55725973
The motion passes.
DO YOUR JOB JANNIES

>>55724992
The power of Bidenomics. Truly the greatest president in the history of the world! Remember to vote blue in 2024!

>>55726404
Four more years!

>>55725198
Uh who is "they" anon?

>>55726420
Who knows.

>>55726420
Pontius Pilate sacrificed that young boy for civil peace just like we sacrificed Derek Chauvin, regardless of whether he killed George Floyd in cold blood or not, he just had so many excuses and justifications and plausible deniabilities that there is no way a normal USA court which finds “innocent until proven guilty” could have convicted him. We just sacrificed him in all honesty for the sake of the peace. He might even be a sorta shitty dude for all I know. I’m not defending that. But we got psychosis as a nation when trump was elected, on both sides really. Now we’ll just try to never talk about it again. Teenagers in 15 years will know none of this and misunderstand the subtleties in memes.

>>55724992
POSTING IN EPIC BREAD
GET ME IN THE SCREENCAP

>>55726461
Go back or gr8 b8

>>55725882
Pretty sure we are the second government, established by Israel

>>55726461
Derek Chauvin was a libtard anyways. One less felon and one less liberal faggot. Were free of both of those losers and that's a good thing

>>55726461
What the fuck?

>>55725026
If I remember correctly the zoomgroid is right. It was temporary but then, S&P did it.

What does this rating even do? Someone outside the country is rating us based on a lot of parameters?

What the fuck does this rating system even exist for? To help aliens find the safest places to live?

>>55725198
>>55725198
I remember this south park episode.

>>55726461
>he just had so many excuses and justifications and plausible deniabilities that there is no way a normal USA court which finds “innocent until proven guilty” could have convicted him.
Lmao no he didn't. He sat on the neck of a man who was saying he couldn't breathe while people stood around him yelling, "Get off, you're going to kill him." That man then died. Only in a desperate racist's mind does this make Derek Chauvin not a murderer. He not only killed a man, he did it knowingly. Straight to prison.

Market only goes up

>>55726627
None of that bullshit is true, though. The reason Fentanyl Flord couldn't fucking breathe is because he was OD'ing.

>>55726627
>le magic air tube in neck

Knee on the back of the neck is standard police restraint. Libtard bystanders don't know shit about policing or anatomy. Neither do you, apparently. Have you never been choked out before? If you can't talk you can't breathe.

People have done the George Floyd challenge plenty and they were fine, because they didn't swallow their fentanyl they had in their car (at the same timw as their dealer lmao) to hide it.

>>55724992
>AA+
the USA is now officially in decline and finally adjusting economically to being a developing brown nation which means a B rating at the very best.

Death to America

>>55726627
Shalom

>>55725002
kek the absolute state

futures keep falling

>>55725002
OH NO NO NO NO

wonder if this is related to the Bank of Japan announcement about changing yield curve control and the Chinese real estate companies finally being allowed to crash

Sorry mutts but America is going full weimar on a scale never before seen in history. Imagine weimar germany on gorilla nigger steroids for DECADES a never ending hell

>>55725002
f

>>55729231
yield control is literally african
just go long on short term bonds
what now, yield jew???

my wife just got downgraded from a BBB to a BBC+

bump

>>55725641
Drumpf did that.