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MSNBC The Katie Phang Show June 4, 2024 12:18:00

Risk is that the credit rating, the united states credit rating, gets downgraded. the united states finances this 31 trillion dollars in debt by issuing, bonds bonds that are bought by governments around the world. if you got a quite rate downgrade, because we passed that that ceiling, youre going to see interest rates spike way beyond where they are now. that means everything thats not fixed. credit card payments, in any financing that we do that doesnt have a fixed rate is going to go up. this...
United States Credit Rating Rate Downgrade 31 Trillion 31 Trillion Dollars Doesn T

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