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The US now has a lower credit rating than Microsoft: > The Microsoft corporate credit rating is AAA and Aaa by Standard & Poor's Rating Services and Moody's In
by scrlk 1y ago
The US now has a lower credit rating than Microsoft:
> The Microsoft corporate credit rating is AAA and Aaa by Standard & Poor's Rating Services and Moody's Investors Service Inc., respectively.
https://www.microsoft.com/en-us/investor/faq https://www.microsoft.com/en-us/investor/faq
- srvo 1y agothe corporate credit rating scale is different from the sovereign one. That said, msft credit has traded through govt bonds multiple times. So arguably the market-based rating system agrees with you (even though the ratings agencies dont neccessarily)
- aprilthird2021 1y agoMicrosoft is smarter and handles it's finances better than the US government, so fair enough
- pwarner 1y agoBut they lack the power to raise taxes, and print money. Also an army.
- Iwan-Zotow 1y agoWindows tax anyone?
- defrost 1y agoDunno 'bout that, King William III had an army and navy in 1696 and controlled the Royal Mint that issued coin. It's an interesting aside that the Windows tax in great part was driven by revenue loss resulting from coin clipping.
- prewett 1y agoParent did not provide a link, but apparently there was a historical tax on actual windows: https://en.wikipedia.org/wiki/Window_tax https://en.wikipedia.org/wiki/Window_tax
- blitzar 1y agoI am going to throw copies of windows 98 disks into the Boston Harbor.
- JackFr 1y agoBack in the 90’s there was an explicit “sovereign ceiling” policy at the rating agencies. I guess they’ve that rule.
- mmastrac 1y agoIt'll be interesting to see what happens. https://www.spglobal.com/ratings/en/research/articles/240704-project-finance-why-ratings-above-the-sovereign-are-uncommon-13169028 https://www.spglobal.com/ratings/en/research/articles/240704...