Category: Free market

America’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns – CNN

America’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns – CNN

A stark warning from Fitch. Though there is no risk of something replacing the dollar as the world’s reserve currency, that is a necessary but not sufficient condition to avoid fallout from the US debt ceiling debate. https://www.cnn.com/2023/03/06/economy/us-credit-rating-fitch/index.html

Revealed: the free-market groups helping the tobacco industry

Revealed: the free-market groups helping the tobacco industry

Revealed: the free-market groups helping the tobacco industry Nice investigative piece by @guardiannews When is a think tank a lobbying group? I don’t buy the argument that donations don’t influence opinions. https://www.theguardian.com/business/ng-interactive/2019/jan/23/free-market-thinktanks-tobacco-industry?CMP=Share_AndroidApp_WordPress