Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Wednesday, 2 August 2023
US Stripped of Top Rating by Fitch
Aug 2, 2023 | Bloomberg's Wendy Benjaminson and Ryan Teague Beckwith discuss Fitch downgrading the United States' rating from AAA to AA+ and how the past issues of the debt ceiling debate played a part in this downgrade along with the current talks of a potential government shutdown later this year. Wendy and Ryan speak with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance Of Power."
