Moody's downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa".

oh fuck does this mean we’re all gonna be poor and there won’t be any government spending on social programs or infrastructure or education??

oh. wait a minute.

Do each of the 'a's refer to a separate variable, or is this grading system just an insane way of writing a number

These systems always make me laugh.

China gets an A1 which is lower than Hong Kong and Taiwan which both get an Aa3, the implication being that these places are better equipped to pay their debts than the mainland? Fuck off are they lol.

you're only getting four gold stars instead of five

It's called Moody's because it's all based on the mood and vibes.

Bluesky comments

WOKE MARXIST CREDIT RATING AGENCY!

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MAGAA1

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I think Reuter's should have been a bit more creative with their image choice. A "gloomy day" is meh.

Both pale next to the AAAA might of Skull and Bones. Yves Guillemot sweep