The US Triple A rating, that is.
So says S&P’s sovereign rating committee chairman John Chambers in an interview with Reuters.
There’s no God-given gift of a AAA rating, and the U.S. has to earn it like everyone else
Scary to think that two committees of eight or so underpaid analysts at S&P and Moody’s could destroy the world’s economy with a penstroke.
Fortunately, you can buy protection against just such an event!
