Moody’s, 1 of 3 major rating services, downgrades whole US banking system from Stable to Negative. These are the geniuses from prestigious Eastern universities who gave us Afghanistan, Iraq, and Ukraine. Now they give us inflation, profligate spending, & bank failures.
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My 4 uncles, who founded 2 clothing stores and supported their families, never went to high school. A.P. Giannini, who founded Bank of America, never went to a university. They learned the value of hard work and honest dealing. Perhaps there is a lesson here.
