S&P: United States Safe... In Near Term
The good news: Currently, 17 of the 124 sovereigns we rate have 'AAA' long-term ratings and stable outlooks. These include close G7 peers, such as Canada, France, and Germany. We believe the U.S.'s key credit strengths include: -- A high-income, highly diversified economy, with unusually flexible labor and product markets. -- The unique advantages associated with the U.S. dollar's preeminent role as the world's most used currency (see "Despite Pressures, The U.S. [more...]
Date: 2009-06-17 18:07:00
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