A GOVERNMENT’S credibility is founded on its commitment to honour its debts.
This is what the world thinks that it all comes down to. Sometimes, when I read The Economist, I feel that I live on a different planet than the people who consider the well-written, witty, and thoughtful commentary and articles as holy writ.
You see, I believe something different.
-- and that government of the people, by the people, for the people, shall not perish from the earth.
I can't see a word in that phrase about a credit rating.