USA Bonds Crisis

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In this video I talk about the recent announcement that the Ratings Agency Moody's had downgraded the USA's credit rating. Moody's has rated USA Bonds as AAA since 1919 and this downgrade means that the USA is no longer rated as the highest quality risk by any of the 3 main Ratings Agencies. This downgrade will increase the interest costs for USA debt which is a problem as total debt is now more than $36 Trillion

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
0:23 DOWNGRADE
1:27 RATINGS
3:54 COUNTRY COMPARISON
5:10 BOND YIELDS
6:29 NATIONAL DEBT
7:45 INTEREST COSTS
9:26 IMPLICATIONS
10:45 USA BONDS
13:15 SUMMARY & CONCLUSION

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