Debt and Credit Ratings

Charles Franklin has a very useful chart (click the link for a bigger view) highlighting the murky relationship between how much debt a country has outstanding and its credit rating: Do sound budget practices lead to high ratings, or do high ratings lead countries to borrow a lot of money? After all, if global investors [...]

Source: http://thinkprogress.org/yglesias/2011/08/07/289934/debt-and-credit-ratings/

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