Curious Observer
2012-01-28 11:51:21
You do not need to look that far, one only needs to look closer to home. US debt is now at $16 Trillion, way more than France. On top of its debt, US has unfunded liabilities around $100 trillion and growing (social securities, Medicare & Medicaid, soon Obamacare, and etc.). Given that, which country do you think is more broke US or France? US is luckier that those rating agencies are based in US, otherwise the rating for US would have been worse than that of France and other countries.
