Bob explains what happened with the recent Moody's downgrade of US Treasury bonds, summarizes the precarious US fiscal position, and then critiques the argument that Uncle Sam can't possibly default. Watch the video version of this episode here: https://youtu.be/rLFTjWWH7pg Related: - https://www.reuters.com/markets/us/moodys-downgrades-us-aa1-rating-2025-05-16 - https://www.heritage.org/markets-and-finance/commentary/the-united-states-debt - https://ratings.moodys.com/ratings-news/443154 - https://www.cbo.gov/publication/61187 Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com
