Moody's set to downgrade U.S. credit rating, again
What is just around the corner and has all of America’s credit holders nervous? A likely downgrading of the U.S. governments rating by Moody’s Investors Service.
So, what’s the big deal?
The big deal will hit U.S. when we begin paying off the $16 trillion debt load we’re carrying. It’s going to increase the amount of interest we have to pay on that enormous debt.
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