Article: Credit rating
MMJ
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US loses last perfect credit rating amid rising debt
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MMJ Comment
Global stupidity or global bullying?
With the ability to create money as they wish and the firepower to shape things the USA is not AA1 but quadruple A i.e. AAAAAA. The life and death of the USD does not depend on USA but depend on the world. A good majority of the disease the world is suffering from comes from an oriental palace where the emperor rules naked.
Anyone who says the emperor is naked will be immediately beheaded; anyone who declares he is dressed with splendor gets to keep their fragile wealth. Let it be known it is the Treasury dealers of the world, the forex dealers of the world who maintains the myth of the strength of the USD. On its own strength and unbiassed assessment the USD would have been 'longkang'ed' or guttered a long time ago.
The world had too much holding of USD to make a serious assessment of USD. An inconvenient truth was hidden; a convenient lie was perpertrated so the world can sweep the USD debacle under a temporary carpet. Now its up to China, Russia and BRICS to rewrite the ground piece so the world can dethrone the USD once and for all.
In the meantime the world must continue to trade in their own currencies or a combination of a fairer mixed of world currencies to dislodge injustice in the world. While academia and its students enjoy the intellectual musings of their academic thoughts, real pain is paid for by the Gazans, the Auswich sufferers of modern times. But who cares when the pain is not personal to families and kith and kin.
For the Muslims when Allah swt declares a resounding ayat like surah AlBaqarah ayat 279 raise your intellectual capability to import the resounding and blinding message of the ayat. Cest la vie is a French phrase; not an option for us.
And if Mr. Trump upholds the monetary reform the world monetary reformers are propagating Mr. Trump will divert wealth from the icon of greed to the poor people of America. Not only will he make America Great Again he will have the whole world rooting for him. The World has no fight against America but certain vested interest lives and thrives on world disharmony and world pain.
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Dikemaskini [Updated]: Sam Ahmad 20250614