Moody’s Downgrades Russia’s Debt to ‘JUNK’ Status

[singular_me]

http://www.davidicke.com/wordpress/wp-content/uploads/2015/02/get-attachment-422-587x330.jpg

‘Yesterday we reported on the huge news of Russia’s government ratifying the BRICS Development Bank and suggested that the West would seek to respond in some way. That response emerged just hours later.

Moody’s, the same ratings agency that failed to see the 07/08 crisis coming by rating toxic assets as AAA, has put Russia’s debt into the ‘Junk‘ zone. The agency cites an ‘expected’ continuing depression in Russia, suggesting a ‘decline in confidence’ in the country means growth will not be possible.

We would suggest Moody’s pay closer attention to this very website – 21st Century Wire – where we have complied a mass of coverage pointing to the contrary of Moody’s allegations.’

http://21stcenturywire.com/2015/02/21/retaliation-moodys-downgrades-russias-debt-to-junk-as-brics-development-bank-ratified/

http://www.theguardian.com/world/2015/feb/21/russias-debt-downgraded-junk-moodys

[Neuro]

Moody's prove again that they are not in the business of providing a real honest risk analysis. Russia is the worlds largest producer of oil, and doesn't have particularly high levels of debt. But they consistently gave triple A rating to tranches of sub-prime mortgage bonds in 2007 and 8...

[Dogman]

Moody's prove again that they are not in the business of providing a real honest risk analysis. Russia is the worlds largest producer of oil, and doesn't have particularly high levels of debt. But they consistently gave triple A rating to tranches of sub-prime mortgage bonds in 2007 and 8...

http://en.wikipedia.org/wiki/Corruption_in_Russia

https://www.google.com/?gws_rd=ssl#q=russian+corruption (http://en.wikipedia.org/wiki/Corruption_in_Russia)

[Neuro]

http://en.wikipedia.org/wiki/Corruption_in_Russia

(http://en.wikipedia.org/wiki/Corruption_in_Russia)https://www.google.com/?gws_rd=ssl#q=russian+corruption

I think you fail to see the reason for the downgrade... Why do you think the oil price dropped like a rock later part of 2014?

Moody isn't an independent rating agency, most of the time they put a rating according to good business practice, or whatever it is called, accounting standard?, if they didnt they wouldn't have any credibility. They could tweak it a step or maybe two according to their masters. On rare occasions if there masters feel strongly about something, they give a vastly different rating... Triple A on sub-prime junk in 2007 was one. Junk on Russia 2015 is another... You don't seriously think that Russia is more corrupt than Saudi Arabia, do you? But Russia are a bigger oil producer... What gives? Come on Dogman you are not stupid...

[Horn]

Sanctions plus a steep decline in the Ruble sealed fate of possibly strong BRIC countries into BICs and boulders.

[singular_me]

= most likely war...


Sanctions plus a steep decline in the Ruble sealed fate of possibly strong BRIC countries into BICs and boulders.

[Dogman]

I think you fail to see the reason for the downgrade... Why do you think the oil price dropped like a rock later part of 2014?

Moody isn't an independent rating agency, most of the time they put a rating according to good business practice, or whatever it is called, accounting standard?, if they didnt they wouldn't have any credibility. They could tweak it a step or maybe two according to their masters. On rare occasions if there masters feel strongly about something, they give a vastly different rating... Triple A on sub-prime junk in 2007 was one. Junk on Russia 2015 is another... You don't seriously think that Russia is more corrupt than Saudi Arabia, do you? But they are a bigger oil producer... What gives? Come on Dogman you are not stupid...

I understand, all one needs to study history to see what drives individuals and country's,. As in the past so it is now and into the future! We are just less bloody now about it. And for it is not about the betterment of common people, but for the ones in charge and their handler's!

Think I helped derail this thread enough! Because it is about another subject! I should never brought up corruption and greed of those in power, even it is common worldwide and some rulers are better than others at stuffing their pockets!

Out!

[midnight rambler]

http://en.wikipedia.org/wiki/Corruption_in_Russia

(http://en.wikipedia.org/wiki/Corruption_in_Russia)https://www.google.com/?gws_rd=ssl#q=russian+corruption


You're relying on jewpedia for info about a nation/government the Chosenites HATE. lol

[Dogman]

You're relying on jewpedia for info about a nation/government the Chosenites HATE. lol

Sorry komrad, , if my info sources do not agree with what you want to believe!

;)

[Cebu_4_2]

You're relying on jewpedia for info about a nation/government the Chosenites HATE. lol

Exactly, I take everything with a grain of salt. There are so many conflicting stories it's impossible to follow let alone figure what part is truth. Is it western MSM chances it is completely fabricated propaganda.

[Ponce]

I really don't know anything about the market but simply guide myself by what can feel, everything that the US is doing against Russia is simply a reflection that show how scare the US is of Russia.......now the US needs the world but the world no longer needs the US.

V

[midnight rambler]

Sorry komrad, , if my info sources do not agree with what you want to believe!

;)

Sure, go ahead and gooble up that joo propaganda like it's manna from Heaven. Knock yourself out.

[Neuro]

Sanctions plus a steep decline in the Ruble sealed fate of possibly strong BRIC countries into BICs and boulders.
Bullshit! It's market manipulation plus pulling a few Saudi strings to get the price of oil to temporarily to collapse. It's just an illusion. Russia is the worlds no 1 oil producer.

Russia's debt to GDP ratio is 13.41%... US 100%? Japan 250%? But Russia's debt is junk? LOL
http://www.tradingeconomics.com/russia/government-debt-to-gdp

[Horn]

.....now the US needs the world but the world no longer needs the US.

V

China would only agree if it could print dollars, the money masters in England think decades ahead of any of us. Not saying I lend them support, but most the rest of the world is pressed to. Asking China Russia or Brazil to somehow take the lead appears much like asking a donkey (ass) to navigate the cliffs of the grand canyon on his own.

[Horn]

Bullshit! It's market manipulation plus pulling a few Saudi strings to get the price of oil to temporarily to collapse. It's just an illusion. Russia is the worlds no 1 oil producer.

You're acting like HT again. Even if its a world full of Bullshit, simply drawing numbers and propping up Truth ain't going to make it magically vanish.

China has also stated that Moody's is guilty of "speculating"... lol yeah is all they do.

[Neuro]

You're acting like HT again. Even if its a world full of Bullshit, simply drawing numbers and propping up Truth ain't going to make it magically vanish.

China has also stated that Moody's is guilty of "speculating"... lol yeah is all they do.
You are just full of shit!

[midnight rambler]

http://en.wikipedia.org/wiki/Corruption_in_Russia

(http://en.wikipedia.org/wiki/Corruption_in_Russia)https://www.google.com/?gws_rd=ssl#q=russian+corruption


And another thing - those who live in a glass mansion* should not throw stones. lol

*a glass mansion having much more glass exposure than a glass house