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Fitch Downgrade: Gradually then Suddenly

108,871 views • 3 years ago •via X (Twitter)

31 Comments

Ulrich's profile picture
Ulrich3 years ago

When half of tax payers money is used servicing the debt (meaning directly going into private treasuries holders pockets) you can genuinely ask yourself if the US still has sovereign decision-making powers.

Matt's profile picture
Matt3 years ago

They are running up the tab just in case they don’t win the next election and won’t have to deal with it. Every administration only cares about the country for 4-8 years.

Douglas Ritz's profile picture
Douglas Ritz3 years ago

“Fitch Downgrade: Gradually then Suddenly” The end of empire is messy at best.

Highheat's profile picture
Highheat3 years ago

In Ralph T. Foster's superb book: FIAT PAPER MONEY THE HISTORY AND EVOLUTION OF OUR CURRENCY He interviewed survivors of #Hyperinflation. The one observation they shared was the breathtaking speed at which it happened.

Ulrich's profile picture
Ulrich3 years ago

In August 2011 when Standard & Poor's downgraded the US to AA+ they got investigated on a few weeks later by the Justice department...

Bill's Burner 🅧's profile picture
Bill's Burner 🅧3 years ago

@Updownupupright

Jack Lawson's profile picture
Jack Lawson3 years ago

So the U.S. has out of control debt, we’re in the red on interest, inflation is pricing people out of groceries, Marines don’t have a confirmed leader, and Congress takes a month off? How is this real?

Rob P's profile picture
Rob P3 years ago

America is still lucky, dollar is a junkstock to me.

SilverStacker's profile picture
SilverStacker3 years ago

@WallStreetSilv Died Suddenly!

Aaron Day's profile picture
Aaron Day3 years ago

@luigi_warren The US is so broke it can't afford to bribe Fitch like the banks.

Jesse Jr Lim (林振燊)'s profile picture
Jesse Jr Lim (林振燊)3 years ago

Fed gov will soon downgrade fitch 😂😂😂

Bro Jogan's profile picture
Bro Jogan3 years ago

Have you considered the @TFL1728 theory on Fitch’s downgrade? A high ranking official at Fitch also said they’d rate back to AAA if the debt limit is suspended. That’s horrific. Rated higher if no rules, rules? So, was this to buy EU time? Keep capital from flowing here?

Frankie Bob's profile picture
Frankie Bob3 years ago

Its a Trump Downgrade 🤣🤣🤣🤣🤣🤣

Jim Fowler's profile picture
Jim Fowler3 years ago

"Because our nation is governed by laws..." Since when?

Viva Cristo Rey!'s profile picture
Viva Cristo Rey!3 years ago

Not creativity, but duplicity

Cryptomafia's profile picture
Cryptomafia3 years ago

@JustMeRachel_ @NFTGOALS

Rational Prepper's profile picture
Rational Prepper3 years ago

Now is a good time to buy something from

Wise Man's profile picture
Wise Man3 years ago

@WallStreetSilv It is Bidenomic!

This Is Fine 🔥🐶🔥's profile picture
This Is Fine 🔥🐶🔥3 years ago

Heads up, your audio often starts out w a lot of static then improves. In case you want to address it. Thanks for your daily thoughts.

Mary234's profile picture
Mary2343 years ago

But don’t worry, Hellen’s new paperless IRS is going to save the US taxpayer $26 trillion.

King_Coyote's profile picture
King_Coyote3 years ago

Another example of Banana Republic status when government investigates credit agencies for lowering credit rating

Velvety mouth feel's profile picture
Velvety mouth feel3 years ago

good summary!

Int'l Man of Leisure's profile picture
Int'l Man of Leisure3 years ago

@WallStreetSilv Bidenomics

RSLSUWANEE 🇺🇲's profile picture
RSLSUWANEE 🇺🇲3 years ago

Soon 50 cents of every tax dollar will go to paying interest only on US debt? Whats your solution?

Hank Romaine's profile picture
Hank Romaine3 years ago

Peter these videos are just great...thanks for what you do.

maxmaximus's profile picture
maxmaximus3 years ago

You’re a superstar Peter. Love you’re précis’s on government incompetence. Keep it up!! 👍👍

Dr Harry van der Spiegel's profile picture
Dr Harry van der Spiegel3 years ago

This time round treasuries and the dollar will not rise, because bye bye Chinese and Japanese investors. Hello BRICS new currency.

unbound 🐂 💩's profile picture
unbound 🐂 💩3 years ago

Fitch is meaningless. I know because major news media keep talking about it

Jermain Martinez's profile picture
Jermain Martinez3 years ago

Open your wallets middle class you are about to be raided 😡

Economyster's profile picture
Economyster3 years ago

Still the cleanest shirt...

JMAN- Coffee Hoarder ☕'s profile picture
JMAN- Coffee Hoarder ☕3 years ago

Bidenonmics!

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