zombi

Does the U.S. Have to Worry About Its Credit Rating?

I think that the ability of each country to take credit and to reimburse it later (principal + interest) depends on the ability of the economy to generate added value and to have positive cash flow. If the cash flow is negative and it is not able to generate added value to the economy the credit rating will reflect that situation, thus it is very correct that the credit rating of Botswana is way better that that of Japan (which currently bears a huge debt load).