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"What, me worry?" - the markets to Moody's
At 11:11 am CNBC reported this same news.... as always CNBC behind Zero Hedge
That is because Zero Hedge takes it hot off the wires, while CNBS & Foolberg require it be audited/reviewed by the respective Spin Control Department of PhDs.
All the MSMs need is a little guidence from their thought leaders in the "Casa blanco" before saying anything in front of a camera...
With this Gold can rocket and with USD/JPY below 88.00. Russia is not important but more important is how much IMF has still left for sale at 1250..I bet not much anymore..
Supposedly 3000 Tons..................which ain't shit,compared to what they had last yr.
The next move in gold is down - as the markets tank margin clerks will use it for proceeds. But, as the currency collapses the physical will go parabolic while GLD, etc. go bankrupt. And at point there will be no sellers of physical gold...
but wait, if moody's is on review for downgrade, doesn't that mean double-negative for spain? buy spanish bonds!
thank you thank you i'll be here all week
Try the roast beast, it's to die for.
For 'challenges' read insurmountable obstacles.
And who´s rating the rating agencies?
S & P (rumor) was said to be downgrading Moody's!
I give them an "FFF" for F**king Fantastic Failures.
I was waiting for Moody's move on McGraw [bleh forget about sovereign debt, battle of rating agencies' more fun to watch]
Still waiting on their imminent down grade of S&P after gettin bitch slapped last night by their step sister.
Would they lie as much as Michael Vick does? LOL
guess they passed on downgrading fitch?
and of course this is a "shirt first ask questions later" market so just the mention of a downgrade moves the market. this is why Buffet (said right to Phil Angeledies face no less!) "loves this company." In other words, "they kill countries, too!" Don't know what the deal with Bernanke's phot-op on monday with said "Team Obama" and "you're on board, too, fucker" was but that struck me as very ominous indeed. in other words, "go fuck yourself Spain" comes to mind.
do they have sovereign stress tests..?
Please do not give Tim any more brilliant ideas Doom
Yea, Timmy went over there to show them how to cook the books better.
do they have sovereign stress tests..?
Yes. It's called "War".
That's right. And people think there is nothing important at stake here. It's all bullshit until someone gets hurt.
In other news, we landed on the moon!!!!!
Seriously though, all Moody's, Fitch or S&P has to do is look at the Federal Reserve Z1 report, everything across the board should be downgraded well over a year ago.
Moody's downgrades Earth on negative watch.
Wages to come down to make Spain more competitive vs Germany, deflation to triumph, I hear you say ?
Its already here. Labour costs to fix my car at authorised dealer in Italy today €25 per hour. Equivalent in Germany €45 per hour. A better job too, with no attitude.
so youa lika da pizza ina da fuela injecta?
huh? maka da auto driva fasta?
Leck mich am Arsch ;-)
Soverign Stress Tests = Riots
Level 1 - Tear Gas applied liberally, clouds everywhere, some arrests
Level 2 - Tear Gas, Beatings, 100+ Arrests, burning tires and blockades, some smoldering cars and buses
Level 3 - Burning buildings, deaths, mass arrests, flamings cars and buses, burning barricades, 250+ arrests, water-canons, amored personel Carriers, gunshots ringing out.
Level 4 - Helicopters shot down, blood visible in the streets, large explosions, multiple flaming buildings, molatov's, RPG's...flame throwers,you get the idea...
Moody's , S&P , and Fitch should incorporate these into their models. Also would not want to be AMBAC
Some market disruption may occur...
I love that word... "barricade".
"Beyond the barricade is there a world you long to see?"
Do not let the downgrade intimidate you. You need to spend more money so that you can grow your way out of this problem.
This is really starting to very closely resemble a circle jerk.
Is "this" capitalism?
On May 4th I called the end of the March 2009 bear market rally.
The proprietary indicators I use in my technical analysis can identify trend changes before they occur.
Certainly a lot of details like that to take into consideration. Thanks windows vps | cheap vps | cheap hosting | forex vps
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