Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
According to S&P,
The rating on the United States of America rests on its high level of wealth, strong economy, and solid track record of predictable and prudent economic policies.
In addition, the rating reflects the distinct advantages afforded it by the U.S. dollar's unique role as the world's reserve currency.
These strengths continue to outweigh persistent fiscal deficits, low household savings, and the associated deterioration of the country's external debtor position.

When through hell, just keep going. W. Churchill
by Agnes a Paris on Wed Mar 29th, 2006 at 02:18:59 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series