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Montevideo, April 22nd 2019 - 18:39 UTC
Credit rating agency Moody's this week raised the outlook of Brazil's sovereign rating from negative to stable. Read full article
REF: Moody's Forcast: “higher-than-expected short and medium-term economic growth prospects”:
- Which country are they referring to?
- Which Brandless Hooch are they serving during office hours?
- What's the % of Commission which they received from the concerned country?
Ah...if Moody says it...
We DO believe in EVERYTHING that's written, don't we? Is the Brazilian Economy showing ANY sign of life?
Wasn't Moody's the agency that, together with Standard & Poor kept reassuring everyone that all was going well as the subprime mortgage crisis in the U.S. was swelling like a Hawaii wave?
According to a Financial Times article, evidence presented at a hearing before the Senate detailed how some senior managers at Moody’s and Standard & Poor’s suppressed internal concerns about the securities they rated due to pressure from the banks that paid their fees.
REF: According to a Financial Times.....paid their fees:
THAT's neither surprising NOR a news. Spreading news ALWAYS has it's own benefits; of course! The Media THRIVES on this - UNIVERSALLY! Pl. see my above-mentioned comments.
The following too is neither surprising NOR a news:
WALL STREET JOURNAL:
REF: ‘All the Politicians Rob’:
ALL THEY [please feel free to include whosoever you prefer; in they] NEED IS A BUNCH OF BELIEVERS!
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