The Virginian: US Debt Rating Cut: Outlook “Negative”


The Virginian: US Debt Rating Cut: Outlook “Negative”:
“US Debt Rating Cut: Outlook “Negative”
Foreigners hold nearly half of the US debt. The Chinese, who hold an estimated $1.3 Trillion of our debt, have a big stake in our creditworthiness. Would it surprise you to learn that …

The US has been stripped of its AAA credit rating – by a Chinese company.

Dagong Global Credit, the “most influential founder of China’s credit rating industry” maintains an “AA” rating on the United States with a “negative” outlook.

We’re less creditworthy than Luxembourg, but still ahead of South Africa.”


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