Why the US Credit Rating Downgrade Matters (and Why It Doesn’t)

from The Gustonomics Podcast · host Gusto

The ratings agency Fitch downgraded the U.S. debt rating from AAA to AA+ setting off a deluge of commentary. Is America destined for financial ruin? Is it really “arbitrary” as Treasury Secretary Janet Yellen suggests? Liz cuts through the noise to explain why you should care, but also why you can relax.

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This episode was published on August 9, 2023.

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