Logan Mohtashami on US debt levels and the Moody’s downgrade
HousingWire Daily
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Understanding the Impact of Credit Rating Downgrades
This chapter examines the implications of credit rating agencies downgrading U.S. debt, arguing that these downgrades act as warnings rather than dramatic shifts in the market. It critiques the credibility of these agencies and discusses the relationship between U.S. debt, demographic changes, and the general disregard these ratings receive from market participants.
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