4 ms·
Most likely the question isn’t ’can they pay’ but ‘can they be trusted to pay’
by sandytoast 1y ago
Most likely the question isn’t ’can they pay’ but ‘can they be trusted to pay’
- lesuorac 1y agoThe stories only 3 paragraphs. > “This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” the agency wrote. It's that moody is grading on a curve.