These 10 Countries Now Have Better Credit Ratings Than The United States

Would you rather lend money to the United States, or New Zealand? Going by credit rating alone, that could be a tossup, after Fitch Ratings downgraded its assessment of the U.S. on Tuesday. Key Takeaways

Tuesday’s downgrade of U.S. credit by Fitch caused the U.S. to slip below the European Union in the list of governments ranked by credit rating.

The U.S. is now tied with New Zealand below 11 other governments. Some economists have downplayed the significance of the downgrade, noting that U.S. government bonds are still viewed as safe investments. Before the downgrade, two out of the […]

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By Donato