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A Look At Credit Ratings Around The World

  • Written by Syndicated Publisher No Comments Comments
    March 3, 2013

    As always, the Economist’s Daily Chart feature provides some interesting data to study, today’s offering being an interactive table of sovereign credit ratings by the big three agencies – S&P, Moody’s, and Fitch – for more than three dozen nations around the world.

    I’ve taken the liberty of inserting a little red line to delineate all-Tiple-A rated credit from something less than that, a line that the U.K. fell below last week when Moody’s downgraded British debt.

    Based on the debt and budget data shown, both the U.S. and the U.K. belong below the line, not above it, and if we both didn’t have the ability to control our own currency and a long history of making good on our debt, we’d be much lower. Ouch! Look at those numbers for Japan, second from the bottom!

    Images: via Flickr (licence attribution)

    About The Author

    As you may have already deduced, this is not your typical financial blog, accompanied by some run-of-the-mill investment newsletter, and I’m not your typical financial writer.

    In fact, I spent my entire working career as an engineer before retiring back in 2007 at the tender young age of 46. Two years prior to that in 2005 I started writing a blog – The Mess That Greenspan Made – mostly just to poke fun at the housing bubble and the policy makers who had led us down that path.

    Details about the investment newsletter and information about the performance of the associated “model portfolio” can be found here and if there are any questions that I can help answer, just send mail to tim@iaconoresearch.com.