Doug3006
AH legend
- Joined
- Nov 18, 2015
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- 2,723
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- SCI, NRA
- Hunted
- Namibia (X3), 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.