A historic US debt downgrade threatens to plunge the dollar into big trouble. The ratings agency Fitch has officially downgraded America’s credit rating. This shows how much investors are losing faith in the US credit markets and the US dollar as well. But this debt crisis is much worse than it seems as US deficit spending is about to get worse!
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✅ Timestamps & Chapters:
0:00 Historic US Debt Downgrade
2:35 Investors Losing Faith In America
5:14 Why Is The Dollar Still Alive?
7:29 De-dollarization Accelerates
10:04 Debt Default Inevitable
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