How Do Major Economies Stack Up in Credit Ratings?

In the intricate landscape of global finance, where the credibility of nations is constantly under the microscope, credit ratings emerge as crucial indicators. These ratings, determined by the big three of the financial world – Standard & Poor’s (S&P), Moody’s, and Fitch Ratings – serve as a barometer for a country's financial stability and its ability to repay debts. In short, these ratings assess the probability of a nation defaulting on its financial obligations. A higher rating, a symbol of economic strength…