Brazil’s currency Real declined from its highest level in two weeks after Moody’s Investors Service cited rising debt and weak growth in lowering its outlook on the country’s credit rating to stable from positive. Read full article
Indeed Brasileiro. It's only for speculators. Moodys, a joke, is as credible as the words that comes out of O'bozo's mouth. If Brazil is Baa2, the US is junk status who can't even pay for it's unfunded liabilities.
Comments
Disclaimer & comment rulesWho cares about rating agencies made in USA? Speculators?
Oct 03rd, 2013 - 08:55 pm - Link - Report abuse 0Indeed Brasileiro. It's only for speculators. Moodys, a joke, is as credible as the words that comes out of O'bozo's mouth. If Brazil is Baa2, the US is junk status who can't even pay for it's unfunded liabilities.
Oct 03rd, 2013 - 11:40 pm - Link - Report abuse 0Singapore, HK, you know Asia is doing pretty gpod. Canada, Australia and Scandinavia have great ratings.
Oct 04th, 2013 - 03:48 am - Link - Report abuse 0Commenting for this story is now closed.
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