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Fitch: US triple A at risk (but in 2013)

The rating agency has announced the possible downgrade of the world's leading economy due to the unstoppable growth of debt

Fitch: US triple A at risk (but in 2013)

After the rejection by Standard & Poor's (which also targeted France's score), the United States risk losing triple A, due to the unstoppable growth of debt, also from Fitch. This is the succinct judgment of the rating agency, which underlined in a note released last night that however, the possible downgrade should not arrive before 2013.

The rating company highlighted the need for the first world economy to rapidly adopt cost containment measures for an amount at least equal to 3.500 billion dollars. Necessary measures to stabilize the federal debt which should in any case amount to 90% of the wealth produced in the country within the second half of the decade.

"The federal debt will continue to grow in the absence of tax reforms that are consistent with the demographic trend of the country" fitch analysts specify who add that the growth trend of federal debt and government spending does not comply with the maintenance of the AAA rating, and this despite the expected improvement in the fundamentals of the US economy.

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