Fitch's Shelly Shetty declared today that Brazil is better prepared than most other BBBs.
This is a subtle reminder that they may be downgrading other BBBs, but that Brazil is not on the list.
"Brazil, unless things change radically, should maintain its BBB- Rating".
With more reserves than debt, Brazil should be AAA, and the US Treasuries, CCC. Let's wait and see,