Hey Peter Navarro here with the latest substacken podcast in my weekly market rap.

Here we go. Shotgun marriage, Bydenomics and Wall Street get fitched.

What happens when you fix your wagon to Bidenomics,

the American government gets its credit rating, downgraded,

and a big barrel of cold water gets dumped over the heads of the Wall Street Bulls.

That fitched downgrade to the U.S. Treasury's on Tuesday was pretty much the big news this week, along with a rather mixed jobs report.

But let's stay with Fitch for a minute because it was the first big crack in the facade of B. No one really should have been shocked when top

global ratings agency Fitch downgraded the US government's top credit rating from AAA to

A plus, given the fiscal cliff, that the Biden regime and

a coalition of Democrats and Rhino Republicans on Capitol Hill have sent us hurtling down

with a series of irresponsible multi trillion dollar spending bills. Yet Treasury

Secretary Janet Yellen

bitched and the White House moaned. And of course,

they incredulously blame the Republicans.

But the reality is, this never should have happened at all.

Here the globalist elites who run this country in Washington and from Wall Street

ritually portray America as a fortress of democracy and is a bastion of

financial security for the world. It is our birthright, they say, for credit

agencies around the world to treat investments in U.S. government bonds is the safest

investments in the most stable country of the world.

Yet in the space of less than three years Joe Biden has shaken the very foundation of our democratic system with his partisan assaults on President Trump and his advisors and election interference.

Indeed, the Biden's weaponization of the Pakistan this infamy. The judiciary in all three countries have or are trying to prevent

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