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Moody’s Shocks Markets By Slashing America’s Pristine Credit Rating Over Soaring Debt

Moody’s just shocked global markets by downgrading the U.S. credit rating from Aaa to Aa1—the first time since 1917 that America’s credit isn’t perfect. The move stems from exploding debt, record-breaking interest payments, and political paralysis. As borrowing gets pricier and confidence takes a hit, experts warn of rising risks ahead.