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R.L. Crossan
R.L. Crossan
Credit Downgraded, Confidence Eroded: When Economic Red Flags Become Political Props

Credit Downgraded, Confidence Eroded: When Economic Red Flags Become Political Props

Don’t worry, the invisible hand of the market just pulled a muscle. It’ll be fine.

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R.L. Crossan
May 20, 2025
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R.L. Crossan
R.L. Crossan
Credit Downgraded, Confidence Eroded: When Economic Red Flags Become Political Props
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Last week, Moody’s downgraded the United States’ credit rating, citing unsustainable fiscal policies and an accelerating national debt now exceeding $36 trillion. While technical, the downgrade signals growing doubt from global markets about America’s long-term ability—or willingness—to manage its finances responsibly.

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