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The 11 Countries That Still Have Perfect Credit

RDS

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11 countries that don't try to be the world's cop.
 
I can understand how you guys feel when you are not among the 11 countries.
 
I can understand how you guys feel when you are not among the 11 countries.

I heard today that the only thing keeping the U.S. from regaining their AAA credit rating is political uncertainty. If a deal is reached between now and mid January to keep things stabalized, then I suspect by next March the U.S. will be upgraded.
 
I heard today that the only thing keeping the U.S. from regaining their AAA credit rating is political uncertainty. If a deal is reached between now and mid January to keep things stabalized, then I suspect by next March the U.S. will be upgraded.

Political uncertainty aside the prized AAA credit rating will still be elusive because your economy is not out of the woods yet.
 
I heard today that the only thing keeping the U.S. from regaining their AAA credit rating is political uncertainty. If a deal is reached between now and mid January to keep things stabalized, then I suspect by next March the U.S. will be upgraded.

nope...Moodys is the only rating agency that downgraded us... and it has nothing to do with political instability...

it has everything to do with unsustainable debt.

Fitch warned about a downgrade over this latest lil dust up, but didn't go through with it.
 
Ask the three rating agencies that question.

2 of those agencies rate us as perfect..AAA

maybe you meant to say "ask the 3rd agency who dropped your rating because your leaders won't control their spending/debt"?

I like singapore personally, even though it's a bit too Conservative for my taste and the government is too intrusive.... in general, it's a city that has folks who take pride in working hard.... and that's pretty different than the US nowadays where " i hate working" is nearly a national motto
 
So then it's a no? "Among others" and "pretty big" aren't terms of exclusivity.

You can proclaim your own AAA credit rating if you think that is deserving.
 
I think forcing abortion on the lower class is very effective to have a thriving economy but is that really where you want to go?

I'd say it has to do more with their banking, trading, lower taxation rates, skilled work force, freer economy, and the fact that MAS does not regulate their monetary system through interest rates. But if you want to go for abortion, I guess go for it?

You can proclaim your own AAA credit rating if you think that is deserving.

Nope.
 
nope...Moodys is the only rating agency that downgraded us... and it has nothing to do with political instability...

it has everything to do with unsustainable debt.

Fitch warned about a downgrade over this latest lil dust up, but didn't go through with it.

It was not Moodys, it was Standard and Poor. Standard and Poor have looked favourably on the deficit reduction over the last couple of years. Political brinkmanship was the major reason for the downgrade. The only way the U.S. will regain the triple A rating is to continue it's deficit reduction in a steady manner and elimminate the brinkmanship.

Last June the rating agency raised the credit rating to stable from negative.

Nikola Swann, S&P's top U.S. analyst said "By raising its U.S. rating outlook to stable, S&P said that means there is less than a one-in-three chance that the agency would lower the country's credit rating in the near term.

But it also warned that policymakers "could place renewed downward pressure on the rating" if they relax fiscal policy without addressing longer-term budget challenges.

By contrast, to restore the United States to the AAA rating would take two things: a credible plan to reduce deficits over the long run and clear indication that brinksmanship is a thing of the past".

So although you had a quick and flippant answer it was dead wrong. I am more inclined to believe the guy representing the company that does the ratings.

You are right about Fitch. It seems they don't like political brinkmanship either.
 
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Since the US has never defaulted on treasury debt, I would suggest that the US does have perfect credit, and the rating agencies are full of crap.

Usually, when we say that someone has "less than perfect credit", we mean that at some point they defaulted.
 
Since the US has never defaulted on treasury debt,

Not exactly true...

The US has technically defaulted quite a few times. 1779, 1790, 1862, 1934 and even in 1979.
 
Not exactly true...

The US has technically defaulted quite a few times. 1779, 1790, 1862, 1934 and even in 1979.
I was gonna say the same thing. When Nixon took us off gold, was that not a default, in essence? A big middle finger to all foreign holders of US debt...
 
I was gonna say the same thing. When Nixon took us off gold, was that not a default, in essence? A big middle finger to all foreign holders of US debt...

No, it was an acknowledgement that our economy had grown beyond its physical existence...
 
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