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They See it Coming – Fitch Joins S&P to Downgrade USA Credit Rating
Conservative Treehouse ^ | 8/23 | Sundance

Posted on 08/02/2023 10:51:13 AM PDT by spirited irish

Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time. A weakening that takes place almost invisible to those who pass through the construct, until eventually, at an uneventful time in the mechanics of history, the process gives way.

Fitch has joined with the prior position of Standard & Poors to downgrade the USA credit rating. The weight of debt, in combination with reverberations from the continued hammering deep inside the political fundamental change operation, has triggered another flare.

(Excerpt) Read more at theconservativetreehouse.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: criminal; stupidity

1 posted on 08/02/2023 10:51:13 AM PDT by spirited irish
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To: spirited irish
Collapse is never a sudden occurrence

“How did you go bankrupt?” Bill asked.

“Two ways,” Mike said. “Gradually and then suddenly.”

2 posted on 08/02/2023 10:54:31 AM PDT by ConservativeInPA (The Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself. )
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To: spirited irish

How did you go bankrupt? Two ways. Gradually, then suddenly.


3 posted on 08/02/2023 10:54:33 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: spirited irish

> Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time. <

And now a passage from Hemingway’s novel “The Sun Also Rises”.

“How did you go bankrupt?” Bill asked.
“Two ways,” Mike said. “Gradually and then suddenly.”


4 posted on 08/02/2023 10:56:00 AM PDT by Leaning Right (The steal is real.)
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To: ConservativeInPA; MtnClimber

I think we just made Free Republic history.
Three in a row!


5 posted on 08/02/2023 10:57:27 AM PDT by Leaning Right (The steal is real.)
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To: spirited irish

More “good” news. 🙄


6 posted on 08/02/2023 10:58:30 AM PDT by Pajamajan ( PRAY FOR OUR be slave in a new Socialist America)
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To: spirited irish

Blow a hundred billion up the skirt of Zelenski, Sure we are bankrupt now. And they just keep wanting to spend more on it.

What does the EU and the WEF send?


7 posted on 08/02/2023 10:59:27 AM PDT by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
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To: spirited irish

Interest rate increases alone will probably increase the deficit several hundred billion a year, with nothing in return.


8 posted on 08/02/2023 10:59:51 AM PDT by 11th_VA (XX < > XY)
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To: spirited irish

The bankrupting of the US is continuing...unabated.


9 posted on 08/02/2023 10:59:59 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: spirited irish

Let’s go Brandon!


10 posted on 08/02/2023 11:00:06 AM PDT by blueunicorn6 ("A crack shot and a good dancer” )
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To: spirited irish

Bidenomics - what can go wrong????


11 posted on 08/02/2023 11:04:29 AM PDT by elpadre
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To: spirited irish

But, the economy is great and Biden is doing a great job. They tell us to believe.


12 posted on 08/02/2023 11:06:13 AM PDT by 1Old Pro
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To: spirited irish

“until eventually, at an uneventful time in the mechanics of history, the process gives way.”

Exactly according to plan.

And when it collapses entirely and there is no response to 911, the private guards have vanished, what will the prog “elites” do when a few folks that know who lives in that house are gathering outside like lions for the kill?

Demand obedience and groveling at their feet?

Scream for the government goon guards that are long gone?

.


13 posted on 08/02/2023 11:09:14 AM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: spirited irish

Well 81 million people voted for the bumbling pervert Biden and many of them are happy about it. So if I were a long term investor in the US I would be quite weary.


14 posted on 08/02/2023 11:09:16 AM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: Leaning Right; MtnClimber

I don’t think I’ve seen three posts in a row quote a novel most Americans have never read. (Most Americans don’t read)


15 posted on 08/02/2023 11:17:30 AM PDT by ConservativeInPA (The Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself. )
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To: spirited irish

Fear not Biden is still spend money to get us out of a depression.

/s


16 posted on 08/02/2023 11:18:12 AM PDT by Vaduz (....)
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To: ConservativeInPA
I don’t think I’ve seen three posts in a row quote a novel most Americans have never read. (Most Americans don’t read)

I have to admit that was pretty amazing.

17 posted on 08/02/2023 11:22:46 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: All

Biden freaks out when US credit rating is downgraded
due to his “erosion of fiscal management.”

The problem is he doesnt spend any time on the economy.
We’re learning Biden spends most of his time
<><>on his grooming,
<><>taking naps
<><>making deals w/ our foreign adversaries,
<><>sucking up to the Chinese
<><>opening secret bank accounts,
<><>enriching his crime family
<><>phoning his 6-7 grandkids,
<><>retreating to his various mansions in Delaware......

And his most foolish task....trying to remake no-account
cokehead Hunter into some semblance of a human being.


18 posted on 08/02/2023 11:46:32 AM PDT by Liz (More tears are shed over answered prayers than over unanswered ones. St Teresa of Avila)
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To: TLI

I like your post.


19 posted on 08/02/2023 11:48:05 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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