US Completely Loses Perfect Credit Rating for First Time in Over a Century

https://www.newsweek.com/moodys-us-credit-rating-negative-2073510

36 comments

  3. That’s Trump for you.

    The history-making, America-destroying president.

  4. and the end of American soft power is here thanks to Trump.

  5. Can’t really see the US dollar going the way of the British pound anytime soon—but if it does, wow, what a time to be alive (and probably broke). Wouldn’t be shocked if stocks pulled a 50% nosedive just for the drama.

  6. The base that elects supposed fiscal ‘conservatives’ won’t ever get this news, as they’re engaged with whatever Jim Comey numerology or Trump v. Celebrity tweet beef Trump has counter programmed today.

  7. Trump: You see, breaking all kinds of records, folks! They said it couldn’t be done. Well, we proved them wrong. We proved th— they’re suckers you see? They said, they said, “Sir, is it okay if we make up facts and say you’re doing a terrible job?” Fake news is at it again!”

  9. I expect we’ll see The ORANGE ASSHOLE proclaim that Moody’s is a leftist organization that is old and never been reliable, and nobody should trust them or take them seriously.

  11. Buy the guy we voted into office was like really, really good at getting caught in fraud and declaring bankruptcy. How could this be happening?

  14. Elect a failed businessman, get a failed business.

    Anyone surprised?

  15. A meltdown on his personal shittier twitter site should fix everything, right?

  18. If we had a functioning Democratic Party they’d hammer this for years but the media isn’t gonna even hold it against Republicans, they’ll memory hole it in a week

  21. I genuinely believe this was Trump’s goal. Next up, US can’t pay it’s bills. Then US goes bankrupt. This is how he has lived his whole life being the ‘genius’ businessman that he is. Always going bankrupt and shirking responsibility.

  22. The market will not like this on Monday. In 2011 when S&P downgraded out credit due to debt ceiling shenanigans, the market dropped nearly 7 percent. I see a repeat coming

  24. We have the dictator of bankruptcies running the show. Of course this was going to happen. And of course they’re talking about defaulting on everything and declaring bankruptcy because that’s all this demented orange sack of shit knows how to do.

  26. Can’t we just pay Moodys to raise it back up like they did for the mortgage backed securities in 2008?

  28. ROFLMAO.. could not read better news! Only under Trump would shit like this happen. But you know.. MAGA will again say it was Biden. They’ll say Biden for 4 more years.. its unreal how fucking stupid these people are.

    86 47

  31. The US is so insanely young, that 100 years is 2 fifths of its entire time as a country.

    To put into perspective how much of a fuck up this is 

  32. This shouldn’t come as a surprise. The guy managed to bankrupt **six** casinos.

  34. Republicans will tell you that this is Democrats faults. Let’s explore the party makeup of Congress, who resides over the power of the purse, over the past 25 years: [https://history.house.gov/Institution/Presidents-Coinciding/Party-Government/](https://history.house.gov/Institution/Presidents-Coinciding/Party-Government/)

    Total Republican House majorities: 10.

    Total Democratic House majorities: 4.

    Total Republican Senate majorities: 8* (2001-2003 flip flopped).

    Total Democratic Senate majorities: 7* (2001-2003 flip flopped)

    Total Full Republican Congress sessions: 6. (Not including 2001-2003)

    Total Full Democratic Congress sessions: 3. (Not including 2001-2003).

    As well as that, Republicans have 5 FULL PARTY CONTROL sessions (Republican Congress, Republican President). Democrats had only 2 (Democratic Congress, Democratic President).

    You do the maths.

  35. Ask Trump and he will categorically state that it was Biden’s or Obama’s fault. Apparently he doesn’t know how to take responsibility for HIS actions! but then again he will get a committee to look into it

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