Dude, who even knows.

22nd January 2021

Post reblogged from Misery Loves Company with 51 notes

discoursedrome:

if the us destabilizes enough that its loans become appreciably less safe, will they get downgraded from AAA or is it, like, grading on a curve where everybody else gets a higher rating

This is tagged #shitpost but it's… kind of a good question? Like, in a dollar economy everything is measured relative to T-bills, right?

  1. eikotheblue reblogged this from voxette-vk
  2. dataanxiety said: @voxette-vk is right. US Treasuries were downgraded by S&P in 2012, and the US gov’t went after them on fraud charges for something else. Obama was pissed at the downgrade. Remember that sovereign debt is just information. A one level downgrade won’t have any impact on whether the gov’t continues coupon payments. Bond ratings go down to C or D and still don’t necessarily default.
  3. now-phaeton-flier reblogged this from zexreborn and added:
    The explanation I heard about this is that the payments would still come, just later. Meanwhile the crisis might mean...
  4. seimsisk reblogged this from zexreborn
  5. arcticdementor reblogged this from discoursedrome
  6. argumate reblogged this from zexreborn and added:
    ain’t no economy like the American economy!
  7. zexreborn reblogged this from argumate and added:
    Well, demand for us treasury bonds went UP during the debt ceiling crisis. Because people were worried the federal...
  8. talkinggorillabutler reblogged this from kontextmaschine
  9. videogamesmademeabottom reblogged this from argumate
  10. shieldfoss reblogged this from argumate and added:
    (1) The bond market is less liquid than the stock market so… yes but also no. (2) You can have a AAA 5% next to a AA 4%...
  11. inariedwards said: So everyone else with AAA would get AAAA while America keeps AAA and some others get upgraded to AAA.
  12. nyrithsamandri reblogged this from argumate
  13. feathershy reblogged this from argumate and added:
    Yes, but it is just like how analysis exist for the stock market. Sometimes people want someone else to tell them what...
  14. voxette-vk reblogged this from discoursedrome and added:
    It already was downgraded
  15. discoursedrome posted this