downgraded america s top credit rating from aaa to aa plus. fitch cited expected fiscal deterioration over the next three years, as well as growing government debt burden. now, the downgrade also follows a debt ceiling agreement injune that saw months of political brinkmanship. credit ratings like these are used by investors to assess the risk profile of companies and government, us treasury and us government governments, rather. now, the us treasury secretary, janet yellen, said that she disagreed with fitch s move and said it was based on outdated data. the white house has also said that the move defies reality and that they strongly disagree with the decision. now cafe giant starbucks has unveiled quarterly earnings that beat expectations. the world s largest coffee chain reported revenue of $9.2 billion. that s a jump of 12% from a year ago. the earnings were helped by a consumer recovery in china and a return to office in the united states.
rating from aaa to aa plus. fitch cited expected fiscal deterioration over the next three years, as well as growing government debt burden. now, the downgrade also follows a debt ceiling agreement injune that saw months of political brinkmanship. credit ratings like these are used by investors to assess the risk profile of companies and government, us treasury and us government governments, rather. now, the us treasury secretary, janet yellen, said that she disagreed with fitch s move and said it was based on outdated data. the white house has also said that the move defies reality and that they strongly disagree with the decision. cafe giant starbucks has unveiled quarterly earnings that beat expectations. the world s largest coffee chain reported revenue of $9.2 billion. that s a jump of 12% from a year ago. the earnings were helped by a consumer recovery in china and a return to office in the united states. michelle fleury has more.
agency fitch has downgraded american top credit rating from aaa to aa plus. fitch cited expected physical deterioration over the next three years as well as growing government debt burden. the downgrade also follows a death dealing agreement injune that saw once agreement injune that saw once a political bryggman ship. debt ceiling agreement for stub these are used by investors. the us treasury secretary janet yellen said she disagreed with the move and said it was based on outdated data. the white house has also said the move defies reality and they strongly deserved ruthie decision. cafe giant starbucks has unveiled a quarterly earnings that beat expectations. the worlds largest coffee chain reported revenue of $9.2 billion. that is a jump of revenue of $9.2 billion. that is ajump of 12% revenue of $9.2 billion. that is a jump of 12% from a year ago. the earnings were helped by a consumer recovery in
downgraded agency fitch has downgraded american top credit rating from aaa to aa plus. fitch cited expected physical deterioration over the next three years as well as growing government debt burden. the downgrade also follows a death dealing agreement injune that saw once agreement injune that saw once a political bryggman ship. debt ceiling agreement for stub these are used by investors. the us treasury secretary janet yellen said she disagreed with the move and said it was based on outdated data. the white house has also said the move defies reality and they strongly deserved ruthie decision. cafe giant starbucks has unveiled a quarterly earnings that beat expectations. the worlds largest coffee chain reported revenue of $9.2 billion. that is a jump of revenue of $9.2 billion. that is ajump of 12% revenue of $9.2 billion. that is a jump of 12% from a year ago. the earnings were helped by a consumer recovery in
Government Bonds Owned By The Bank Of England Are Not A Debt Burden, Even When They re Repaid
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I received this email very recently, and share it with the author’s permission:
Hi Richard,
Hope you re well. After reading some of your articles and watching one of your videos, I m left with a question that I hoped you could answer.
The Bank of England holds lots of government debt. What happens when the bonds they hold mature? Doesn t the treasury need to pay the bank?