S&P sovereign credit ratings

August 6, 2011 § Leave a comment

Standard and Poors just downgraded the U.S. credit rating a few hours before I posted this, so I haven’t seen any news graphics posted about this subject. But you can go to this link to see where the U.S. ratings stand compared with other countries. The down grade puts us below Canada, on par with Belgium and above Japan.
http://www.standardandpoors.com/ratings/sovereigns/ratings-list/en/us?sectorName=Governments&subSectorCode=39

The ratings bring the U.S. credit-worthiness from “extremely strong” to “very strong” based on its political and economic profile, which I find kind of funny despite the seriousness of the situation.

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