Billionaire venture capitalist Chamath Palihapitiya says that the latest downgrade of the country’s credit rating is not a cause for concern. On August 1st, credit-rating agency Fitch downgraded the long-term ratings of the United States from “AAA” to “AA+” with a stable outlook. Palihapitiya says that people should not pay attention to Fitch’s latest move The post Billionaire Chamath Palihapitya Calls Fitch Downgrade of US Credit Rating ‘Irrelevant’ – Here’s Why appeared first on The Daily Hodl .
