Aug 2, 2023

Guy Adami on the U.S. government debt downgrade by Fitch

140%, 150% debt-to-GDP in this country, that's an atrocity.  No developed country in the history of mankind since the Roman empire's been able to recover from numbers like that and yet we don't even talk about it.  So good for Fitch.  Maybe they're late to the dance, which they are.  And that Janet Yellen response, it sounds like that had that at the ready.

~ Guy Adami, CNBC's Fast Money, August 1, 2023



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