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During the late 70s and early 80s the country went into debt for state funded projects, a war on the U.K. for your Falklands islands, and state takeover of personal debts. Compare that into the U.S. knowledge.
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In July of 2001, Standard and Poor's (S&P) cut the money rating of Argentina. S&P did likewise to the U.S. rating 10 years later (2011). There was uproar your halls of Congress Cryptocurrency concerning this even though arguably, time frame credit rating could have come much before. To make matters worse, You.S. credit agencies granted pristine ratings to mortgage-backed securities of heyday. Fitch, another credit agency, is warning of further action against the U.S. enjoying a.
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