Tag Archives: AAA Rating

Background to U.S. Debt Crisis

Should the U.S. have a Debt Ceiling? Until recently, the U.S. government’s debt ceiling didn’t get a lot of publicity; it has been raised without fanfare 70 times in the last 50 years.  Now that it’s front page news, some analysts are wondering why the U.S. have such a thing in the first place.  An […]

America’s Tarnished Credit Rating

Is the U.S. government about to receive calls from debt collectors? By now, you’ve probably heard that the Standard & Poor’s debt rating agency has downgraded all U.S. government debt with more than a year of maturity, from the top AAA rating down to AA+.  To put that in perspective, now only 17 countries enjoy […]