The Twilight of American Hegemony
Those who continue to believe in the perpetual resilience of the American empire must face facts. And facts are stubborn things.
Fitch Places United States’ ‘AAA’ on Rating Watch Negative
Fitch Ratings-New York/London-15 October 2013: Fitch Ratings has placed the United States of America’s (U.S.) ‘AAA’ Long-term foreign and local currency Issuer Default Ratings (IDRs) on Rating Watch Negative (RWN). The ratings of all outstanding U.S. sovereign debt securities have also been placed on RWN, as has the U.S. Short-term foreign currency rating of ‘F1+’. […]