The Brits have come up with an appropriate name for interest premiums the US will have to pay due to the downgrading of their credit rating, "Moron Premium".
Quote:
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What remains is the wreckage: a loss of faith in U.S. credit, reflected in what the Brits are calling a “moron premium” that the markets are imposing on Trump, which is pushing up bond yields and interest rates;
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https://www.washingtonpost.com/opini...riffs-lawsuit/
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The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
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05-30-2025, 11:55 AM
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