I think in the short term, this downgrade isn't that bad. Ray Dalio made a tweet about it stating the risks of the US debt is greater than what agencies are conveying. Part of me thinks that the main solution they will be pursuing is unfortunately printing more money to pay off the debt, which is good for certain assets in the long term.
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Yes of course and it is greater because the growth is becoming exponential soon it will reach a point that they won’t be able to pay the interest rates and they will either default or they will de value the dollar to make it sustainable