Monday, May 09, 2011

Credit Rating for the US Lower than Mexico

A couple weeks ago, the Florida based investment ratings firm Weiss Ratings, came out with its list of the ratings of bonds of 47 countries. Unfortunately, the United States ended up in 33rd position with a rating of C.

The US was rated below such companies as Thailand, China, Saudi Arabia, and South Korea, all of which received and A or A-. Japan, Brazil and Canada also received C ratings

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