Fitch Ratings Archives - Granite Grok

Fitch Ratings

US Debt

Uh-Oh: If True, This Will Make our Current Economy Look Rather Rosy

And so it finally begins? Emphasis mine, reformatted: ‘U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages.’ (Bloomberg) One of the world’s major credit-rating companies fired a warning shot regarding the U.S.’s worsening public finances on Friday…

Speaking of going out of business…

Uh-oh: “…Unemployment at 8%, $16+Trillion in debt, $1 Trillion + annual deficit, GDP growth is the worst recovery is vapid, the Rule of Law being ignored faster and faster….” And now this: Harry Reid on Raising Debt Limit to $18.794T: ‘We’ll Raise It’ (CNSNews.com) – Senate Majority Leader Harry Reid (D-Nev.) said on Wednesday that …

Speaking of going out of business… Read More »