US's AAA Rating May Be Cut by Fitch on Debt-Limit Fight
Fitch Ratings has placed US's AAA rating on watch negative.
The United States triple-A rating could be cut by Fitch. They're now saying that they expect a resolution to the debt limit before the X date, but that there are higher risks, that the debt limit won't be raised or suspended.
So Fitch now releasing this press statement that they're placing the U.S. triple A rating on rating watch negative. That the brinkmanship among factors in Washington now signal downside risks.
What happened when US was downgraded
In 5 August 2011, when Standard & Poor’s, stripped the United States of its prized AAA rating, again due to this debt ceiling issue. $S&P 500 Index(.SPX.US$ fell by 6.66%.
In 5 August 2011, when Standard & Poor’s, stripped the United States of its prized AAA rating, again due to this debt ceiling issue. $S&P 500 Index(.SPX.US$ fell by 6.66%.
Hope that they won't downgrade the rating ![]()
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MoneyComesMoneyStays : Made-up crisis by the banana republicans with an even more ridiculous ending.
Simon Lee8 : Broke directly to 14500 tonight
doctorpot1OP MoneyComesMoneyStays: hope the Congress pass a resolution soon
and not cause a credit rating downgrade
MonkeyGee : Janet did it again. This us how 2008 collapse started
doctorpot1OP MonkeyGee: Well if shit happens it is us the citizen that suffers, they are all rich and powerful, so it doesn't impact them much
so they can play with fire all day long since they won't be burnt by it 
doctorpot1OP 102735792: yea hope there is good new today
MonkeyGee doctorpot1OP: I doubt it. it's an identical playback as 2008
tidy Penguin_3402 :