Global markets slide after Fitch downgrades US debt
https://edition.cnn.com/2023/08/02/investing/global-markets-reaction-us-debt-hnk-intl/index.html
Downgrading of the US debt is understandable.
But, I don't know why the country with huge and rapidly increasing debt still has currency which maintains value. 1 USD is equal to 141 JPY, which is still the highest level in the past 20 years.
