Why is the US’ credit rating so exceptional despite the amount of debt it takes on?

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I’m a United States citizen. Moody gives the US a AA+ credit rating (it was downgraded from AAA in 2011).

How can this be, despite the substantial amount of debt the US holds that only continues to grow?

Is it GDP, defense capabilities, the dollar being the de facto currency almost worldwide? A combination of these? Or is there another huge factor(s) I am missing?

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Anonymous 0 Comments

I thought we were not paying on the debt itself but the interest on the debt and that we may default in the future because of the skyrocketing interest payments and that China holds over 1 trillion of our debt

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