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

1.93K views

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?

In: 54

87 Answers

Anonymous 0 Comments

It is written into the constitution that interest must always be paid on all of the nation’s debts. The US may have a lot of debt, but never once has the US missed a payment.

You are viewing 1 out of 87 answers, click here to view all answers.