Doug3006
AH legend
- Joined
- Nov 18, 2015
- Messages
- 2,097
- Reaction score
- 8,234
- Media
- 16
- Member of
- SCI, NRA
- Hunted
- Namibia (X2), Zambia, Zimbabwe, South Africa
So Wall Street celebrates every time a financial impasse is avoided by Congress jacking up the debt ceiling. Today, the market is down on the news that Fitch downgraded the US to AA+. The primary reasons for the downgrade is our country’s lack of effective fiscal governance and our ever increasing debt. It’s the debt, stupid.