The US debt just got downgraded. That shouldn't be surprising. What is surprising is just how quickly Trump's big beautiful bill is running into problems. That means without tariffs and Doge making lots of money that are deficits are going to get even bigger and fast. Flying is about as risky as loaning the US money, maybe that is why the Fed was forced to step in this week and buy some long term bonds. No one seems to want them.