http://www.marketwatch.com/story/sp...bove-junk-2014-04-25?link=MW_home_latest_news one notch above junk - Timely?
S&P proved one more time they are useless idiots they are forcing russian companies out of us markets to their home country ... the only winning guy of it is Putin
America is in deep trouble and these sort of actions will just cause more problems. They tried the SWIFT as a weapon and the BRICS started working on their own version. Now this sort of skullduggery. Just madness....... unless......... SOMEONE knows what they're doing.
Means nothing...as they testified in court after giving Lehman Bros AAA just days before they went bankrupt " their rating is just an opinion" [youtube]http://www.youtube.com/watch?v=zIGThxn_eGk[/youtube]
http://www.marketwatch.com/story/sp...b-outlook-positive-2014-04-25?dist=lcountdown this is funny now; they raised Cyprus rating from B- to B
Yes. SWIFT is how you pay your international creditors. If you have no access to that you're back in the days of international drafts and snail mail. The USA was hoping to cripple Russia's financial industry which it did for a short time, but they got around it and started working on their own version. USA is running out of ways to bully.
http://www.globalresearch.ca/putin-...tercard-deny-service-to-russian-banks/5380573 Visa and MasterCard have announced they were concerned about the future of their business in Russia in light of the new legislation. - you think!!
how those idiots who run these businesses make decisions? was not it obvious that as soon as they cut Russia from their net, Russia gonna cut them?