Moody's tough on Brazil but also confident on a mid term growth rebound

Wednesday, August 12th 2015 - 07:30 UTC

Full article 7 comments

Moody’s Investors Service cut Brazil’s credit rating to near-junk status on Tuesday but said the country’s coveted investment grade status is safe for now, proving some relief to investors and the government of President Dilma Rousseff. Read full article

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Brasileiro
The quality of our sovereign debt is not dependent on any foreign evaluation. I think an abuse, one Bullying evaluations of these Western companies regarding other countries. Brazil should stop accepting visits and stop providing data to these companies of Western speculators.

We will never be completely independent while we think than we need them for something.

Westerners are leeches who try in every way to keep the good life of its citizens at the expense of the suffering of the rest of humanity.

If any country wants to develop has to stay away from those vampires!
Aug 12th, 2015 - 11:05 am - Link - Report abuse 0
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ChrisR
Mid-term growth rebound!

HA, HA, HA.

That's like when you went to the cinema as a child and watched the serial cowboy that had ended the week before with the hero hanging off a cliff edge and about to fall to his death: but NO, with one bound he was free!

Ha, ha, ha.

Moody's need a better crystal ball if they think the corruption scandal isn't going to sink the economy for at least the next 10 years.
Aug 12th, 2015 - 12:12 pm - Link - Report abuse 0
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Skip
Oh Brasileiro you poor deluded fool.

The rating is a reflection of what Brazil has done to itself.

Not anyone else.
Not the west.

BRAZIL.

If you don't like what you see when someone holds up a mirror then don't do what you are doing.

Brazil, Russia, China, the BRICS can pass judgement on “the west” if they want and as much as they want.
Aug 12th, 2015 - 12:38 pm - Link - Report abuse 0
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yankeeboy
China just fcked Brazil and Argentina.
They just made Soy unprofitable in both countries
Along with tipping PBR into bankruptcy.

Fun time fun times
I told ya...
Aug 12th, 2015 - 01:53 pm - Link - Report abuse 0
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Tik Tok
So likely conclusion is that if the soy farmers want to remain profitable they need their currency to depreciate further.....or soy price to miraculously improve
See you at the bottom!!!!
Aug 12th, 2015 - 02:54 pm - Link - Report abuse 0
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Conqueror
Just like a diving board. Watch Brazil dive into the Atlantic. And NEVER surface. Ask the question. What's brown, bitty and smells? Brazil! Now flush.
Aug 12th, 2015 - 06:40 pm - Link - Report abuse 0
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yankeeboy
5. No depreciating the currency is played out. Any more will just bring more inflation. What's killing Soy in Brazil and Argentina will be the retail price of fuel. Both countries are keeping it artificially high to help the SOE.

I read and article to day about Venezuela is either going to have to default or sell their gold reserves for less than they paid for them
Bahahahahahaha
Bet against the USA/U$ and you'll lose every time.
Aug 12th, 2015 - 08:00 pm - Link - Report abuse 0
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