
PRUDENT INVESTORS SHOULD CARE ABOUT MOODY’S DOWNGRADE OF U.S. CREDIT OUTLOOK
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Prudent Investors Should Care Please click here for a chart of the federal deficit. Note the following: The chart goes back to 1900. The chart shows that large federal deficits are a relatively recent phenomenon. The chart shows about a $3T deficit during the pandemic when the government overdid giving away free money. The government did not have the money to give away, so it borrowed more. Even though the pandemic is behind us, the chart shows that large federal deficits are still there. A big part