US losing Fitch's top AAA credit rating may portend future economic weakness
- Written by Hakan Yilmazkuday, Professor of Economics, Florida International University
Money doesn't grow on trees for governments either.imagedepotpro/E+ via Getty Images
CC BY-NDThe formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.
What does a downgrade of U.S. creditworthiness like this actually mean?
While the...







