Fitch Downgrades USA’s Credit Score | AJ #shorts
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The financial Ratings agency Fitch has downgraded the USA’s credit score. It’s citing concerns about governance over the past 20 years and the fact that the government seems to borrow so much money year in year out with very little comeuppances. The US is living beyond its means and that’s why interest rates are seeming going to be quite high for the foreseeable future. The US Treasury Chief Janet Yellen is absolutely furious. She sees it as an attack on the dollar and is warning that potential investors may be weary of the US. How will this impact on political parties because they are blaming each other over the downgrade? […]