From AAA to AAARGH! Here's Why Moody's US Credit Warning Will Accelerate Dedollarization

The New York City-headquartered credit rating giant lowered its outlook of America’s creditworthiness from “stable” to “negative” on Friday, citing the country’s worsening fiscal position. Sputnik reached out to veteran economist and macroeconomics specialist Dr. Sergio Rossi for his take on the implications of Moody’s move.