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Financial Solvency Of The American Government., Jamie Thomas
Financial Solvency Of The American Government., Jamie Thomas
Undergraduate Honors Theses
The main topic of this paper is the financial solvency, or “the ability to pay all debts,” of the United States government (“solvency,” n.d.). The questions posed and analyzed are 1) is the American government solvent, 2) did Standard and Poor’s accurately downgrade the American debt, and 3) how does the national debt affect the solvency of the American government. To determine the solvency and effects of debt, analysis of financial information for America and nine other countries, grouped according to their credit rating is used. Solvency is determined by credit rating for this analysis; a country with a high …