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What it really represents is to what degree others think a country can pay back it's debts. The US has a higher rating that Spain or Italy because those countr
by chollida1 15y ago
What it really represents is to what degree others think a country can pay back it's debts. The US has a higher rating that Spain or Italy because those countries will have a much harder time paying back their debts.
I think alot of people really underestimate the size of the US economy.