Re: Put the federal cliff in perspectiv
01-08-2013 11:01 AM
What kind of credit score would you give to this particular "family"? Obviously they would score very poorly for their extreme credit limit and indebteness. They are paying debts on time (for now) but what happens when the US hits the debt ceiling and stops paying their bills? Current credit rating by S&P AA+. Obviously there are limits to carrying this metaphor to all the details as a credit score does not have the same meaning as a credit rating.
Starting Score: 676 Feb 2008; Current Score: 7...