MercoPress. South Atlantic News Agency
Argentina credit rating conditioned by poor credibility and unreliable stats, says Moody’s
An upgrade of Argentina’s credit rating depends on the government taking measures to boost data credibility while compensating investors holding defaulted debt and companies for expropriated assets, said Gabriel Torres, Argentina’s sovereign credit analyst at Moody’s Investors Service. Read full article
Comments
Disclaimer & comment rulesRational.
Oct 04th, 2013 - 07:58 am - Link - Report abuse 0Wakey,wakey where are the trolls? When are they going to understand what HONESTY and INTEGRITY means?
Oct 04th, 2013 - 12:37 pm - Link - Report abuse 0Let me see if I read it correctly: MOODY's judging others on CREDIBILITY?
Oct 04th, 2013 - 03:02 pm - Link - Report abuse 0hahahahahahaha... HAHAHAHAHAHAHAHAHAHA!
@3
Oct 04th, 2013 - 05:19 pm - Link - Report abuse 0Yes laugh it up, yet another organisation from a long list that think the Argentine government are hopeless liars.
@3
Oct 04th, 2013 - 07:54 pm - Link - Report abuse 0I am glad you can laugh at your own demise. The problem is that the civilised world take note of these credit rating agencies. You , believe it or not you need a good credit rating to borrow money.
Moody what?
Oct 04th, 2013 - 08:28 pm - Link - Report abuse 0@5 golfcronie
Oct 05th, 2013 - 10:36 am - Link - Report abuse 0Tobias (aka the teenage troll) doesn't live in Argentina, so doesn't have to live with the reality of what the current economic mismanagement by CFK is doing to Argentina.
He is also very immature, and thinks that he must defend Argentina, and that any criticism is an attack on it. Those Argentinians who also point out that Argentina is on the cusp of financial collapse are branded as traitors.
It's a shame, because most Argentinians haven't ever really understood what democracy is meant to be. The don't understand that it is the responsibility and the DUTY of the citizen to question the government, to keep them honest.
Such concepts are alien in Argentina, which is why it will never truly be a democratic country. The best they've ever had is pseudo-democracy which has been teetering for the last 10 years on the edge of becoming a pseudo-dictatorship.
But question the government, and according to Tobias and those trolls like him, then you are a traitor.
It's sad, but they've only got themselves to blame. However, Tobias is safe and warm, living off the welfare state in Canada. He's too afraid to go back to Argentina and face the reality that so many REAL Argentines have to face everyday.
If the SCOTUS rejects Argentina's appeal - then it really will be curtains for Argentina, and I foresee it's credit rating dropping to somewhere around where Somalia is right now.
@7 You are, indeed, more than right. Apart from a major “civic” revolution and disaster, I cannot see a way out for argieland. More than anything else, Peronism needs to be destroyed. Unfortunately, this would not be an easy task. Not enough to make it “illegal”. “Illegality” promotes an underground. It would require democratic “re-education”. Not the sort of “re-education” used by places like North Korea and Islam in general. A process of questioning everything. Why is argieland's claim to the Falkland Islands illegitimate and total bullshit? Here is the evidence. Why is argieland's attempts to avoid its debt criminal? Here is the evidence. Why are argies war criminals? Here is the evidence.. Have you been educated in argieland in the last 60 years? You're a brainwashed drone. Here's the evidence. But don't just believe the evidence we're showing. Go out and ask questions. Research for yourselves. Another feature is to overcome those who cannot relinquish their conditioning. It cannot be done by force. It must be done through intelligence and reasoning. Just consider argies that go to other countries and retain their psychoses!
Oct 05th, 2013 - 02:57 pm - Link - Report abuse 0@ 7 LEPRecon and 8 Conqueror
Oct 05th, 2013 - 08:53 pm - Link - Report abuse 0An attempt to make Argentinos like Snotty Nostrils understand, is up against not only kirchnerism and/or peronism but also Viveza Criolla - among a too large proportion of Argentines (according to my 13 years of experience, mostly in Capital Federal, Buenos Aires) if you can obtain something through cheating, stealing and lying you are a hero.
@9 “ if you can obtain something through cheating, stealing and lying you are a hero.” Well, the British can obtain more than something through cheating, stealing and lying. Invading countries through cheating, stealing, lying and killing is the way they do the things they do, so yes, you can obtain something through cheating, stealing and lying. Keep calm and be realistic.
Oct 06th, 2013 - 01:29 am - Link - Report abuse 0What are they supposed to have obtained?
Oct 06th, 2013 - 03:09 am - Link - Report abuse 0@11 St. John
Oct 06th, 2013 - 10:14 am - Link - Report abuse 0Argentine trolls, like Gonzo22, bring up the British Empire to try and prove points. They conveniently forget that they stole the country they live on and all its natural resources through murder, theft and genocide.
They do it in the hopes of diverting a bad thread about Argentina, like this one, where it's credit rating is barely above that of a 'failed' state.
Should the SCOTUS refuse Argentina's appeal (which they should if they follow their own rules), then Argentina will default, and it's credit rating WILL be reduced to that of a failed state. Because that is what Argentina is right now, failing and failing fast.
@10 Let's see now. Spaniards lied, cheated, stole and killed. Argies have done the same. Argies don't even have an excuse. Argies had 1,000 years of Spanish history, including the period under Moorish rule, on which to base their actions before the Viceroyalty of the Rio de la Plata was created. One would have thought that, with historical experience, Spaniards would have acted with “thought” for indigenous people. Neither the Spanish nor the argies bothered. Nor do they do so today. The Spanish did much the same throughout the whole of Central and South America. Much of it “excused” in the name of religion. I'm afraid that the Spanish and argies have much more to answer for than Britain. At least Britain went out with the intention to trade. Neither Spain nor argieland believe in trade. They believed in conquest for the sake of it. Britain undertook military action in defence of trade. Often separating warring indigenous peoples. As in India and, to a fair extent, Africa. And then Britain governed. Spaniards and argies exploited. It's worth noting how many countries that were part of the British Empire have voluntarily chosen to retain their links to the UK. Indigenous people. And how many territories that were part of the Spanish Empire have chosen to retain their links to Spain? And how many are composed of indigenous people?
Oct 07th, 2013 - 12:52 pm - Link - Report abuse 0Sorry, Muppet. Perhaps we should applaud you for trying to defend your “country”. But you do so by attempting to divert attention by pointing fingers at a people who acted with far more responsibility and consideration than you can conceive. Even in North America, native tribes allied themselves with the British rather than the colonists and their Franco-Spanish allies. And the French and Spanish were more interested in what was in it for them.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!