Tag: Fitch
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Warren Buffett Doesn’t Care and Neither Should You…
As noted yesterday….the ratings agencies are full of it. https://www.cnbc.com/2023/08/03/warren-buffett-says-hes-not-worried-about-fitchs-us-downgrade.html
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I Think These People Are Nuts…
Fitch downgraded USA debt from AAA. Singapore and Norway now have better credit ratings than the USA. (Fun fact: AIG had a AAA rating before failing in the most public and spectacular fashion possible, giving all their cash (and a lot of bailout cash) to Goldman Sachs Turns out picking up pennies in front of…