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The Dollar Downgrade: A Warning Shot From History
This week Moody’s downgraded the U.S. credit rating from Aaa to Aa1, marking the first time in history that all major credit agencies have removed the U.S. from the top-tier rating. This decision stems from concerns over the escalating national debt, projected to reach $37 trillion soon, and rising interest payments exceeding $1 trillion annually.
This downgrade has significant implications for global markets, leading to increased interest in alternative assets like gold and Bitcoin. Gold prices have surged, reflecting investor anxiety over traditional financial instruments.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
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