How is that the U.S. is one of the largest debtor nations but has the highest credit rating?
How is that the ratings agencies allowed Lehman and AIG good credit ratings until the bitter end, but the U.S. rating gets slapped around for what might happen?
How is America is so deeply indebted to China, the largest communist nation on earth?
If you slept on the law that took away the ability to discharge unsecured debt (credit card) through bankruptcy or to deduct credit card interest payments, you might want to wake up and stay awake and stay engaged.
Get as debt free as you can because the debtor will be servant to the lender.