Mexico Downgrade By S&P From BBB+ To BBB Means Everyone Get On The Bailout Train

If you needed a reason to buy today's deja vu listless and volumeless tape, here it is. Mexico cut by S&P from BBB+/A-2 to BBB/A-3. Outlook is "stable"... absent a hyperinflationary collapse. Expect a rebuttal from Goldman Sachs, which has been axed the wrong way for quite a while.

on Mon, 12/14/2009 - 15:18
#163565
yawn indeed :-)
Any of those EWI Theroist or Faber's update notes been sent to ZH yet?
That might wake a few.....
on Mon, 12/14/2009 - 16:23
#163675
Yeah, wake us up when it gets to "D". We can make what's left of the coffee and laugh about the end of civilization.
on Mon, 12/14/2009 - 16:17
#163668
Now I feel foolish about converting all my US dollars into Pesos.
on Mon, 12/14/2009 - 16:22
#163673
Ay caramba, nos van a chingar!
on Mon, 12/14/2009 - 16:52
#163719
I prefer to get on the Love Train with the O'Jays...
on Mon, 12/14/2009 - 18:44
#163899
Los Mexicanos tienen todavía la opción de convertirse en parte del ALBA con sus creditos "Sucre" y su papito Ché Chivito.
on Mon, 12/14/2009 - 20:01
#163994
Your downgrade says BBB, but there's si si si in your eyes.
on Mon, 12/14/2009 - 20:05
#164000
S&P...who the hell are they?
on Mon, 12/14/2009 - 20:56
#164046
Salvador and Poncho, who else?
on Mon, 12/14/2009 - 21:28
#164075
will this have any effect on the price of hookers?
on Mon, 12/14/2009 - 21:55
#164097
donde esta mi peso?
on Tue, 12/15/2009 - 06:41
#164322
I am downgrading S&P to F-
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