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View Full Version : Downgrade of US Debt Rating.....



gimmethesimplelife
8-2-23, 7:22pm
Something IL posted in another forum really caught my eye - "frightening downgrade of US debt rating."

My question is this - I am guessing the debt downgrade may usher in higher rates on US bonds and on the interest of the Federal Debt (?) - but beyond this, what else might be effected? Rob

bae
8-2-23, 7:38pm
Well, the stock market took a major hit last time this happened.