AAA Debt Rating: What Would Life Be Like Without it?
Andrew Pyle
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Posted 09.27.2011
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Canada Business
Read More:
Debt Ceiling,
U.S. Debt,
US Debt Crisis,
John Boehner,
Obama,
Triple a Debt Rating,
Aaa Debt Rating,
US Debt Default,
US Debt Clock,
Canada Business News
At the end of the day there is nothing sacred about that AAA stamp on Washington IOUs. Since the popular press has done a good job in linking the Aug. 2 deadline with the future of the U.S. credit rating, many believe that getting a debt authorization increase by this date will protect it. That would be naïve.
