• Leo Kolivakis
    03/12/2010 - 21:32
    When you factor in pension obligations, just how bad are the debt profiles of individual countries? Trust me, you don't want to know...
  • mikla
    03/12/2010 - 16:53
    Unlike economics, Wildland Fire Science is actually a science. Unlike economists, normal people actually know what the future holds. Debt matters, deleveraging is a bitch, and economist religious rituals ensure our destruction will be more severe and complete than any conceivable alternative. Beware the inevitable conflagration resulting from high levels of debt, followed by extended low interest rates.

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

Tyler Durden's picture




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.

5
Your rating: None Average: 5 (1 vote)



by etrader
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.....

 

by Cursive
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.

by Anonymous
on Mon, 12/14/2009 - 16:17
#163668

Now I feel foolish about converting all my US dollars into Pesos.

by Anonymous
on Mon, 12/14/2009 - 16:22
#163673

Ay caramba, nos van a chingar!

by Astute Investor
on Mon, 12/14/2009 - 16:52
#163719

I prefer to get on the Love Train with the O'Jays...

by Tipo anónimo
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.

by JackTheOffer
on Mon, 12/14/2009 - 20:01
#163994

Your downgrade says BBB, but there's si si si in your eyes.

by Kurtieboy
on Mon, 12/14/2009 - 20:05
#164000

S&P...who the hell are they?

by Anonymous
on Mon, 12/14/2009 - 20:56
#164046

Salvador and Poncho, who else?

by delacroix
on Mon, 12/14/2009 - 21:28
#164075

will this have any effect on the price of hookers?

by JohnKing
on Mon, 12/14/2009 - 21:55
#164097

donde esta mi peso?

by Rick64
on Tue, 12/15/2009 - 06:41
#164322

I am downgrading S&P to F-

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