Advertisement

Drudge Retort: The Other Side of the News
Friday, May 16, 2025

America has lost its triple-A credit rating as Moody's downgrades to Aa1.

More

Alternate links: Google News | Twitter

The US was downgraded by Moody's Ratings on an increase in government debt, a landmark move that casts doubt on the nation's status as the world's highest-quality sovereign borrower.[image or embed]

-- Bloomberg News (@bloomberg.com) May 16, 2025 at 4:55 PM

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

With trump in charge I'm surprised it's that high.

#1 | Posted by bat4255 at 2025-05-16 07:41 PM | Reply | Newsworthy 1

This is BAD! In fact it is almost unimaginable. Good job MAGAs!

#2 | Posted by moder8 at 2025-05-16 07:50 PM | Reply

Oh, wow, this ain't good.


#3 | Posted by LampLighter at 2025-05-16 07:55 PM | Reply

Clearly, there's some very bad people over at Moody's...very bad people.

#4 | Posted by Angrydad at 2025-05-16 07:58 PM | Reply | Funny: 1

We're so much in trouble. It will take a generation to dig us out of the Trump era.

#5 | Posted by LauraMohr at 2025-05-16 08:02 PM | Reply | Newsworthy 1

Rates Spark: Treasuries out of favour
think.ing.com

... US Treasuries remain under pressure. It's not a "Sell America" thing, as no coincident dollar weakness. It's more based on the latest assessment of fundamentals. If this signals a broader trend of diversifying away from the US, even markets like Italy stand to benefit. The 10y Italy/Bund spread just marked its tightest levels since 2021.

US 10yr breaks above 4.5% again

Since the weekend agreement with China, we've turned bearish on Treasuries, as the recession risk has been downsized, and there's been a risk-on tone in the risk asset space. Also, we note that mutual funds had been setting short duration strategies over previous weeks, which had not shown up in prior yield movements. So an up-move in yields was overdue.

The fiscal story is something that continues to hang over the market, and the tax cutting ambitions are, if followed through on, seen as a Treasury market negative. That's been an ongoing thing churning in the background. Not new. But absolutely lined up as a negative. It's been quite a move. In the past five trading days the 10yr yield is up some 25bp.

No "Sell America" thing going on here. More a fair reflection of fundamentals. ...


#6 | Posted by LampLighter at 2025-05-16 08:17 PM | Reply

Thanks, Trumpers!

You elected the bestest President ever!

And Moody's.... don't get caught by the ICE.

#7 | Posted by Corky at 2025-05-16 08:17 PM | Reply

Where is SCOTTS to tell us all that this isn't a big deal, and that he is the only one knows what he is talking about?

#8 | Posted by moder8 at 2025-05-16 08:17 PM | Reply

Moody's was the last one of the major agencies to downgrade - so, this is kinda meaningless. Usually, contracts setting interest rates based on US government already referred to a majority of the agencies so this will have no impact on them as that condition was already met. As for the US debt itself, it does not trade based on Moody's rating so this is 100% symbolic only. I do find it funny that Moody's sat quite as a mouse when Biden was planning to add trillions in debt through loan forgiveness and was running spending at 50% higher than pre-covid levels despite him touting the economy is fully recovered. Also, I find it strange they time this now when Trump is the first president since Clinton to actually try to reduce government spending based on 'growing debt'.

#9 | Posted by ScottS at 2025-05-16 08:19 PM | Reply | Funny: 1

Where is SCOTTS to tell us all that this isn't a big deal

You just had to, didn't you? :-)

#10 | Posted by REDIAL at 2025-05-16 08:22 PM | Reply | Newsworthy 1

Everyone seems to be crickets regarding the credit downgrade during the Obama AND Biden era ... who gives a ----? It's why I didn't say a word about it in 2023 when Fitch downgraded our credit from AAA to AA+.

#11 | Posted by Bluewaffles at 2025-05-16 08:23 PM | Reply | Funny: 1

"We're so much in trouble. It will take a generation to dig us out of the Trump era.
#5 | Posted by LauraMohr"

Clearly you are speaking on behalf of the Democrat party and not the US as a nation. Yes, it will take a generation or more for the Democrats to dig itself out of the hole it has dug. The problem for Democrats - YOU KEEP DIGGING. You have received flashing red lights from your voters that your policies are wrong and not wanted by even your own party and you keep doubling down. You are misinterpreting the voters shouting STOP THE WOKE, COMMUNIST NONSENSE as 'you are not going woke, communist fast enough!"

#12 | Posted by ScottS at 2025-05-16 08:23 PM | Reply | Funny: 1

"#10 | Posted by REDIAL"

Given that 2 out of the 3 major credit rating agencies have downgraded our debt already - one for almost 15 years and one 2 years ago - you tell me what you think the fallout is going to be from this action? Is it going to be a like a corporation where their borrowing rates will increase by 100-200bps overnight? No - IT WILL HAVE NO IMPACT. If you are dumb enough to even believe that the Moody's rating has ANY impact on the interest rate paid by the Fed, you have not been paying attention.

#13 | Posted by ScottS at 2025-05-16 08:26 PM | Reply | Funny: 1

Another view ...

US Completely Loses Perfect Credit Rating for First Time in Over a Century
www.newsweek.com

... Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt.

The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths"such as a dynamic economy and the global dominance of the U.S. dollar"its fiscal outlook has significantly deteriorated.

Newsweek has reached out to the U.S. Treasury Department via email on Friday afternoon for comment.

Why It Matters

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023. ...



#14 | Posted by LampLighter at 2025-05-16 08:27 PM | Reply

"US Completely Loses Perfect Credit Rating for First Time in Over a Century"

Brought to you by the party that whines about interest payments on the debt.

Republicans have been trying to loot the Treasury since Reagan -- possibly longer but I'm too little to remember it. With Trump they finally figured out a way to do it. That's why they still support him and still think this is good for America. And it's happening just like David Frum said it would.

#15 | Posted by snoofy at 2025-05-16 08:35 PM | Reply | Newsworthy 3

"Republicans have been trying to loot the Treasury since Reagan .... With Trump they finally figured out a way to do it.
#15 | Posted by snoofy"

What the ---- are you talking about -------? At most, GOP just wants the US government to take less of their money in taxes. Meanwhile - Democrats are stealing US government money through scams like USAID. The parties are not the same.

#16 | Posted by ScottS at 2025-05-16 08:47 PM | Reply

@#15 ... Republicans have been trying to loot the Treasury since Reagan ...

Well, yeah.

Maybe not directly loot the Treasury, but indirectly.

Tax benefits to billionaires, while cutting healthcare assistance to the poor.



The Country's richest people denying the healthcare coverage of the poorest people in the Country.




#17 | Posted by LampLighter at 2025-05-16 09:41 PM | Reply

More about Moody ...

Moody's Ratings
en.wikipedia.org

... Role in capital markets

Together, Moody's, S&P and Fitch are sometimes referred to as the Big Three credit rating agencies. While credit rating agencies are sometimes viewed as interchangeable, Moody's, S&P and Fitch have different methodologies.[7]

All three operate worldwide, maintaining offices on six continents, and rating tens of trillions of dollars in securities. However, only Moody's Corporation is a free-standing company.[8] ...


#18 | Posted by LampLighter at 2025-05-16 09:50 PM | Reply

I told you stupid Republicans that capital flight was coming.

Maybe you're still waiting for Fox News to explain why capital flight is good, not bad.

#19 | Posted by snoofy at 2025-05-16 09:54 PM | Reply

@#19 ... capital flight was coming ...

My concern is what may happen when Pres Trump challenges China to the point that China starts selling their massive hoard of US Bonds?


That possible sell-off looks like it may be China's ace in the hole.

So far, China, as the apparent adult in the room, has not even mentioned that.



#20 | Posted by LampLighter at 2025-05-16 10:12 PM | Reply

Again don't worry about S&P and Fitch downgrading our credit during Democrat administrations. Also curious Snoofy, where will the Capital flight go to? We are still the highest rated major country who issues debt. I suppose the could look to Canada, Australia, or Northern Europe. However, they do not issue enough debt for major players to park their money. They certainly won't be putting into European equity markets.

So please enlighten us on where nations and large private institutions flock to.

#21 | Posted by Bluewaffles at 2025-05-16 10:18 PM | Reply

Everyone seems to be crickets regarding the credit downgrade during the Obama AND Biden era ...

What are you talking about s(*&bag? Many of us were quite vocal about the downgrades then because they were both caused by GOP theatrics and lunacy.

Idiot.

#22 | Posted by jpw at 2025-05-16 10:39 PM | Reply | Funny: 1

Again don't worry about S&P and Fitch downgrading our credit during Democrat administrations.

WE WERE YOU STUPID F*&^.

The hilarity is that you idiots who caused it are now pointing to it as if its existence means now isn't a big deal.

But that's because you're f*&^ing idiots. So STFU already and piss off. You idiots aren't worth a s*&^ and are the cause of more problems than solutions.

#23 | Posted by jpw at 2025-05-16 10:42 PM | Reply

JPW, no ownership whatsoever is funny. You don't work in Capital Markets, I do and I'm telling you now ... Nothing is going to come of this. You want to know what will rock the market? Failing to pass tax cuts, it will roil the market into turbulence and would make the Tarrif spat feel as though you went over a speed bump.

#24 | Posted by Bluewaffles at 2025-05-16 10:49 PM | Reply

Failing to pass tax cuts, it will roil the market into turbulence and would make the Tarrif spat feel as though you went over a speed bump.

LOL yeah right s*&^bag.

You're a finance douche. That tracks.

Y'all are the most worthless f(*&s on the planet.

Which is why you conveniently forget the fallout and cause of the two previous times this happened.

#25 | Posted by jpw at 2025-05-16 10:53 PM | Reply

Please show the fallout during the Biden downgrade because the market didn't lose 10% after. It around 8% which isn't an insane market pullback. Also, I truly don't care what you think of me JPW. With that said, I will school your ass on economics and the market any day of the week.

#26 | Posted by Bluewaffles at 2025-05-16 11:13 PM | Reply

Please show the fallout during the Biden downgrade because the market didn't lose 10% after. It around 8% which isn't an insane market pullback. Also, I truly don't care what you think of me JPW. With that said, I will school your ass on economics and the market any day of the week.

Posted by Bluewaffles at 2025-05-16 11:13 PM | Reply

You millennials slay me. You think you got it figured out but you don't. In reality you haven't a freaking clue. Just sayin

#27 | Posted by LauraMohr at 2025-05-16 11:17 PM | Reply

Well Laura, I've averaged a 37% return from when the market tanked due to tariffs. Did any of you buy while you were all proclaiming the end was near? The only one who I think did was probably Lamp and that's because if he's as intelligent as I think he is, he saw opportunity regardless of his politics.

#28 | Posted by Bluewaffles at 2025-05-16 11:20 PM | Reply

" You want to know what will rock the market? Failing to pass tax cuts"

You mean tax giveaways.

It's all based on newly borrowed money, and the deficit-exploding tax cuts will force us to borrow trillions more, mostly for tax cuts to the world's wealthiest.

So does this mean no Republican will EVER complain of debt or deficits again?

#29 | Posted by Danforth at 2025-05-17 01:49 AM | Reply

So does this mean no Republican will EVER complain of debt or deficits again?

Posted by Danforth at 2025-05-17 01:49 AM | Reply
Only when a Democrat is in the White House again.

#30 | Posted by LauraMohr at 2025-05-17 01:53 AM | Reply

Also, I truly don't care what you think of me JPW. With that said, I will school your ass on economics and the market any day of the week.

#26 | Posted by Bluewaffles

LOL yes. You are a piece of s(*&. I have no doubt you can better explain to me the mindset of a piece of s*&^ than I can.

Finance, VC and PE are the bane of our existence. That you can "explain" how the market controlled by your particularly vile piece of s*&^ type of existence to your betters doesn't mean you know s(*&, f*&^bag.

So go ahead and give us your nonsense metrics that you think make you "successful." I'll just laugh because to decent people like me, you're just reiterating why you're trash.

#31 | Posted by jpw at 2025-05-17 02:17 AM | Reply

So does this mean no Republican will EVER complain of debt or deficits again?

#29 | Posted by Danforth

I think I've realized why your math, logic and history-based arguments fall on deaf ears like that skidmark ---------.

That s(*& stain's worldview is entirely 2D. 1D being the end of his own nose and the 2D being only about a year in the future.

Probably not a particularly insightful realization, however, I think it's still worth mentioning.

#32 | Posted by jpw at 2025-05-17 02:22 AM | Reply

------- lying MAGAT scum

#33 | Posted by LegallyYourDead at 2025-05-17 02:34 AM | Reply

$37 Trillion in debt and rising with no end in sight.

It's amazing we have a credit rating at all.

#34 | Posted by BellRinger at 2025-05-17 05:29 AM | Reply

But according to JPW and Danforth, if we just elect Democrats it will all disappear overnight.

#35 | Posted by BellRinger at 2025-05-17 05:31 AM | Reply | Newsworthy 1

"Don't look here, Comey said 86, which now means murder, because we said so!!!" - MAGA

#36 | Posted by hamburglar at 2025-05-17 08:16 AM | Reply

" according to JPW and Danforth, if we just elect Democrats it will all disappear overnight."

No need to lie, liar.

My position has always been clear: the fiscal sights of America were reset from surpluses to deficits by Republicans.

100% FACT.

#37 | Posted by Danforth at 2025-05-17 08:20 AM | Reply | Funny: 1 | Newsworthy 1

"$37 Trillion in debt and rising with no end in sight."

The folks you enable built that.

#38 | Posted by Danforth at 2025-05-17 08:35 AM | Reply | Newsworthy 1

VCs are the bane of our existence?

Tell me you have no idea how innovative new small startups come along and make major breakthroughs in all aspects of our lives.

Talk about hating just hate... the party of love and tolerance my ass.

#39 | Posted by kwrx25 at 2025-05-17 09:47 AM | Reply | Newsworthy 1

Danforth,

How about a conversation about what YOU enable with your vote?

Lemme guess, that conversation is verboten.

#40 | Posted by BellRinger at 2025-05-17 11:33 AM | Reply

Danforth,
How about a conversation about what YOU enable with your vote?
Lemme guess, that conversation is verboten.

Posted by BellRinger at 2025-05-17 11:33 AM | Reply

Any proof that he won't talk about it??

#41 | Posted by LauraMohr at 2025-05-17 11:37 AM | Reply

But according to JPW and Danforth, if we just elect Democrats it will all disappear overnight.

#35 | POSTED BY BELLRINGER

Cool strawman.

#42 | Posted by jpw at 2025-05-17 11:59 AM | Reply

Tell me you have no idea how innovative new small startups come along and make major breakthroughs in all aspects of our lives.

Talk about hating just hate... the party of love and tolerance my ass.

#39 | POSTED BY KWRX25

lol I've worked at startups.

Like anything else, there are good and bad. The last startup I was at, the OG investor is a great guy. Still friends with him.

The vultures who invested after all the hard work was done and paid for then started trying to tell us how it needed to be done? A bunch of -------- interested in rate of return, not doing it right.

Spare me your nonsense.

#43 | Posted by jpw at 2025-05-17 12:02 PM | Reply | Newsworthy 1

And at least in my field, the firms have begun getting ridiculous in their requirements for investing. They essentially want all the riskiest stuff done before they buy in, but then want the majority of profit and benefits.

It's all about extracting as much easy money as possible, they couldn't give two s^*%s about the people or patients were trying to help.

#44 | Posted by jpw at 2025-05-17 12:04 PM | Reply | Newsworthy 1

"You want to know what will rock the market? Failing to pass tax cuts"

Dude.

Tax cuts is why our credit got downgraded in the first place.

#45 | Posted by snoofy at 2025-05-17 12:33 PM | Reply | Newsworthy 1

86 means murder and a smiley face tattoo means MS-13.

#46 | Posted by snoofy at 2025-05-17 12:36 PM | Reply | Newsworthy 2

"How about a conversation about what YOU enable with your vote?"

Cancer research, that you cut with your vote.

#47 | Posted by snoofy at 2025-05-17 12:39 PM | Reply | Newsworthy 2

We put a guy in office who is notorious for not paying his bills. The fiscal year ends in a little over three months and we don't have a budget thanks entirely to Republican leadership.

So, duh.

But this was entirely avoidable. Republicans just needed to function. To do their jobs. But they can't, because they're rtards.

Republicans will blame Biden and the Dems because they pathologically fail to take responsibility.

Just take a look at TurdWringer.

#48 | Posted by horstngraben at 2025-05-17 12:50 PM | Reply

BWAAAAAAAAAAA Like anyone should take seriously or believe
anything coming from you pathological lying suckers.
--FACT about the biggest barometer of the economy if you pay attention to leftist-dogma klan f / f and f's...which I don't that much these days/

---Good news for Americans is bad news for democrats---

"Trump's egg price fiction has suddenly become reality "

www.cnn.com

--and I don't blame CNN for reporting that with a statement filled with stupid fishing slitz....after CNN KICKED YOUR BOOTIE on lowest inflation rate since TRUMP 45.
well....any more and they're gonna be on the source 'no no' list..........BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

#49 | Posted by shrimptacodan at 2025-05-17 01:29 PM | Reply

"How about a conversation about what YOU enable with your vote?"
Cancer research, that you cut with your vote.

#47 | Posted by snoofy at 2025-05-17 12:39 PM | Reply | Flag:

God damn, bro. You dropped the mic and broke it.

#50 | Posted by Alexandrite at 2025-05-17 01:57 PM | Reply

Other recent years downgrades.

Moody's downgraded the US credit rating on May 16, 2025, dropping the country from Aaa to Aa1. This downgrade follows a downgrade of the U.S. credit rating by Fitch Ratings in 2023 and S&P Global Ratings in 2011.

#51 | Posted by MSgt at 2025-05-17 02:06 PM | Reply

"How about a conversation about what YOU enable with your vote?"

Cancer research, that you cut with your vote.
#47 | Posted by snoofy

(Unrecognized) Newsworthy Flag

I'll also add to that list:
Equality
Tax Fairness
Human Dignity
Due Process

And I'm foursquare in favor of prosecuting criminals regardless the letter after the name. I've stated on multiple occasions public servants who abuse their positions should be subject to STRONGER AND LENGTHIER sentences.

Meanwhile, you're carrying water for the folks who want to starve the poorest children in the world.

#52 | Posted by Danforth at 2025-05-17 03:15 PM | Reply

Okay,

How about this list:

Unfettered illegal immigration and all of the pathologies that come with it.
Men competing in women's spoert without consent.
Men accessing women's private spaces without consent.
Transing and sexualizing children.
Chemical and hormonal sterilization of minors.
Surgical mutilation of minors.
Teaching children to hate each other and themselves based upon skin melatonin.
Shoplifting $900 worth of goods with impunity.
Cancelling people for their religious beliefs

I could easily go on. According to your vote shame rules you enable all of that and then some.

#53 | Posted by BellRinger at 2025-05-17 04:21 PM | Reply

" And I'm foursquare in favor of prosecuting criminals regardless the letter after the name. I've stated on multiple occasions public servants who abuse their positions should be subject to STRONGER AND LENGTHIER sentences"

According to your rules that doesn't matter. It's not what those who you enable with your vote support.

#54 | Posted by BellRinger at 2025-05-17 04:22 PM | Reply

Wanna grow up and change the rules to reflect your views or do we continue with this insipid game?

#55 | Posted by BellRinger at 2025-05-17 04:24 PM | Reply

Unfettered illegal immigration and all of the pathologies that come with it.
Men competing in women's spoert without consent.
Men accessing women's private spaces without consent.
Transing and sexualizing children.
Chemical and hormonal sterilization of minors.
Surgical mutilation of minors.
Teaching children to hate each other and themselves based upon skin melatonin.
Shoplifting $900 worth of goods with impunity.
Cancelling people for their religious beliefs
I could easily go on. According to your vote shame rules you enable all of that and then some.
Posted by BellRinger at 2025-05-17 04:21 PM | Reply

Still lying about transgender people I see. Not surprising.

#56 | Posted by LauraMohr at 2025-05-17 04:29 PM | Reply

" Unfettered illegal immigration and all of the pathologies that come with it."

I stopped there.

When you have to START with a lie, you can GFY. You clearly can't come to terms regarding WHO and WHAT you're enabling.

Including YOU, the world-class partisan hack of a water carrier. Have you looked in the mirror lately? You've turned into a lying SoS who thumbs his nose at Constitutional rights.

And all ... because Trump.

#57 | Posted by Danforth at 2025-05-17 05:58 PM | Reply

" According to your rules that doesn't matter."

Another lie.

I was the first to call for (and cheer) prosecution to the fullest extent for every left-wing scofflaw from Bob Menendez to Charlie Rangel.

Meanwhile, there isn't a single illegal act Trump did you don't misrepresent, even after dozens of times you can't show persecution when asked.

More water, Gunga!

#58 | Posted by Danforth at 2025-05-17 06:04 PM | Reply

These things are happening, Laura Mohr. Danforth enables all of it with this votes.

#59 | Posted by BellRinger at 2025-05-17 06:05 PM | Reply

You made the rules, Danforth. I'm just applying them to you.

Like i said, we can dispense with the BS and deal with each other on real terms or we can play this game.

You can't have it both ways.

#60 | Posted by BellRinger at 2025-05-17 06:08 PM | Reply

Transing and sexualizing children.

^
Nazi propaganda.

#61 | Posted by snoofy at 2025-05-17 06:24 PM | Reply

"Shoplifting $900 worth of goods with impunity."

Shoplifting is a symptom of a failing society, not a cause of a failing society.

Punishing shoplifters does nothing to improve the economy.

But you're the type of person who thinks it's a good investment in society to incarcerate someone for a year at a cost of about $25,000 because they stole $250 worth of baby formula.

#62 | Posted by snoofy at 2025-05-17 06:29 PM | Reply

" You made the rules, Danforth. I'm just applying them to you."

Except you're being a dishonest broker. You're purposely misrepresenting almost everything on your list.

Just admit you're okay with starving the world's poorest children, borrowing new trillions, and giving most of it away to the world's wealthiest.

You built that. Take pride, boy!

#63 | Posted by Danforth at 2025-05-17 06:45 PM | Reply

"You built that. Take pride, boy!

#63 | Posted by Danforth at 2025-05-17 06:45 PM | Reply | Flag:
(Choose)"

That made me laugh a little bit.

#64 | Posted by BellRinger at 2025-05-17 06:59 PM | Reply

The following HTML tags are allowed in comments: a href, b, i, p, br, ul, ol, li and blockquote. Others will be stripped out. Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Anyone can join this site and make comments. To post this comment, you must sign it with your Drudge Retort username. If you can't remember your username or password, use the lost password form to request it.
Username:
Password:

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy

Drudge Retort