According to Standard & Poor's, France has a better chance of remaining solvent than the U.S. Has it really come to this? Here's what Standard & Poor's has to say about this.
"Because the U.S. has, relative to its [triple a] peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable."
"Because the U.S. has, relative to its [triple a] peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable."