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The David Hunter Perspective - 2022-08-16
Read on for today's agenda below prepared by David (thank you very much). - Retired US Diplomat to 5 different nations David Hunter shares his knowledge, passion, interest, and experience.
1)Fitch Rating Agency Downgrades US Treasury Bonds: One of the three main credit rating agencies, Fitch, has downgraded the US Government bonds from AAA to AA+, which may have big consequences for US $30 trillion in debt. Why did Fitch do this? What happens if one of the other rating agencies also downgrades?
2)Russian Ruble's Value Declining?: This week the Ruble declined in value. It now takes 100 Rubles…
The skinny
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