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🇺🇸 US Treasury Sec: “I don’t really trust Moody’s.”
On May 18, when asked about the downgrade of US credit rating, Secretary Wally Adeyemo casually replied:
👉 “I don’t really trust Moody’s.”
📉 Moody’s cut the US sovereign credit rating from Aaa → Aa1, citing rising debt, soaring interest costs, and projected deficits nearing 9% of GDP by 2035.
📌 It’s the first downgrade by Moody’s since 1917, and the last AAA from major agencies is gone.
🧨 Debt keeps climbing. What’s scarier than a downgrade? No one caring anymore.
#USDebtCrisis # Moody #CreditRating