A black man from the Southside of Chicago is the leader of the free world. HA! HA! April's fools!!!.......huh,,err,,,sorry..nevermind
it could remain AAA rated for a long time, but with the debt being paid by the Federal Reserve printing money to buy it
The problem is - no one has a monopoly on information anymore. We (the U.S.) can exert pressure to keep our ratings up, but foreign interests can't be pressured. http://www.telegraph.co.uk/finance/...ncy-strips-Western-nations-of-AAA-status.html
IF the U.S. is downgraded over the weekend, can politicians say the didn't get enough warning?? This issue is 2 years old, at least. The primary Chinese debt rating agency downgraded the U.S. more than 12 years ago. The U.S. response? - try to keep the news from being disseminated. They're only human, I guess.