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And Back Down - Fitch Says Italy May Be Cut To Low Investment Grade
And now back down:
- FITCH SAYS ITALY RATING MAY BE CUT IF IT LOSES MARKET ACCESS
- FITCH SAYS ITALY RATING COULD BE CUT TO LOW INVESTMENT GRADE
- FITCH SAYS ITALY IS PROBABLY ALREADY IN RECESSION
- FITCH SAYS MONTI GOVERNMENT MAY REMAIN IN POWER TO APRIL 2013
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Hey michelle, sasha, and what's the other ones name? your little emporer is first!!!
http://business.financialpost.com/2011/11/17/ireland-to-hike-sales-tax-to-23/
Got italian bonds, bitchez ? </sarc>
They have already lost market access. The only buyer is the ECB and that is killing Germany
Technocrap.
Blackrock made a fantastic investment with Italian debt!
libertarian86.blogspot.com
Fitch, how is France looking with their sovereign exposure to Italy?
Fitch is French, see here:
http://www.youtube.com/watch?v=4tyvhq7uhTM
there are 300 types of cheeses in france and none of them is called Fitch the beeetch that smells.
Italy has already lost access to market... Fitch is full of it... Downgrade Italy already.
Rating agencies, being dependent on a government enforced monopoly to maintain their profits, are merely government agencies now.
They are irrelevant and always downgrade after the fact.
The average American doesn't give a crap. The futures are up today.
Missed the title of the post did ya'?
Attn Mr Rieder; I guess spreads do reflect fundamentals afterall.
Resisting gravitational forces is an exercise in futility.
WHAT ABOUT USA???
WHAT ABOUT CHINA??
WHAT ABOUT JAPAN??
WHY THEY FOCUSES JUST IN EUROPE??
ALL COUNTRIES HAVE ENORMOUS DEBT, WHY THEY FOCUSES IN EUROPE NOW??
EASY: SOMEONE WANTS THE WW3...TIME TO TIME...
Here is why.
A drunk was noticed crawling back and forth under a streetlight in the parking lot for hours. A lady asked him what he was doing.
"I am looking for my keys," the drunk replied.
"Why do you keep looking in the same spot?" asked the lady.
"The light is brighter here."
The pace is accelerating in the face of major intervention on all fronts. Don't put off your preparations.
"The average American doesn't give a crap. The futures are up today."
That's the Plunge Protection Team in Action.
libertarian86.blogspot.com
http://1.bp.blogspot.com/_PLjNWOu-Zn0/SZXYUsIHhbI/AAAAAAAAAJo/_XdyDEBJ9K...
Governments can only borrow up to what the private sector will finance. When the music stops, it's all over...
Jeremy
Common Sense Capitalism
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