@BullsDividends@joecarlsonshow Their demand comes from global bond investors and market habit, not one US agency's rule. No regulator can make investors trust a different rater overnight. Fitch, KBRA and others are already approved, and issuers still pick the big two because buyers expect them.
@amitisinvesting Point being capitalist structures maximize profits not the goal of leaving behind a better Earth. So maybe there's a hybrid approach that's better... We've only been at this a couple hundred years so doubt we have the answer yet... And maybe that's what your ex is pointing out
@amitisinvesting Big fan of your work Amit. I'll say that blind belief in capitalism is equivalent to blind belief in communism. I'm not saying capitalism is wrong but we have an environmental crises, deforestation, rapid loss of sea life, global warming, etc.