Rating services - U.S Downgraded!

[Currency Trader]

S&P Affirms United States Ratings; Outlook Revised to Negative

By Steven Fromm
April 18 (Bloomberg) -- Standard & Poor’s Ratings Services
affirmed its ‘AAA’ long-term and ’A-1+’ short-term sovereign
credit ratings on the U.S. and revised its outlook on the long-
term rating to negative from stable

[Currency Trader]

Dj s&p: Outlook based on chance lt rating could be lowered within 2 yrs

dj s&p: Net us govt debt would reach 84% by 2013

[Daniel the Great]

Moody's downgrades Irish banks to junk


The credit ratings of all Ireland’s major banks have been downgraded to junk status by Moody’s after its decision to cut the country’s sovereign rating earlier this month.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8458356/Moodys-downgrades-Irish-banks-to-junk.html

[DirtyCodingHabitz]

Why bother trading currencies? Here's a site that you could watch 24/7 and feel depressed for free.

The global debt clock

[Ljubanec]

Why bother trading currencies? Here's a site that you could watch 24/7 and feel depressed for free.

The global debt clock

Nice Link DCH,


Macedonia has a debt of $935 per Macedonian!
Greece has a debt of $35,000 per citizen.

Oh and that is for a population of 11,000,000 which is an estimation and most likely an exaggeration. more like 10.5 million including all the Pakistani's and other migrant workers heading for Glorious Greece.

That I don't feel depressed about.

[George S.]

Ljubanec wait till macedonia joins the eu what will the debt be.???

[DirtyCodingHabitz]

Nice Link DCH,


Macedonia has a debt of $935 per Macedonian!
Greece has a debt of $35,000 per citizen.

Oh and that is for a population of 11,000,000 which is an estimation and most likely an exaggeration. more like 10.5 million including all the Pakistani's and other migrant workers heading for Glorious Greece.

That I don't feel depressed about.

You don't really understand what "per person" means, maybe you should ask your friend "currency trader" aka misleading name.

[fyrOM]

Why bother trading currencies? Here's a site that you could watch 24/7 and feel depressed for free.

The global debt clock

It's all about making money from the ups and downs in currencies and not giving a sentimental crap about who is the up or down.

[fyrOM]

US Dollar pushed aside

http://macedoniaonline.eu/content/view/17982/52/

Monday, 18 April 2011

China and four other leading high-growth economies have taken landmark steps toward lowering the importance of the dollar in international financial transactions — part of a seminal shift in the move towards a multicurrency reserve and trading system.
Mind you, you wouldn't get an idea of anything dramatic from reading the official Chinese press on the conclusion of a summit meeting of the so-called BRICS economies (Brazil, Russia, India, China and South Africa) in the southern resort twin of Sanya in southern China last week.

"Leaders call for peace and prosperity" was the front-page headline in the China Daily. Stirring stiff. Even more striking was the prominent story the previous day that China's President Hu Jintao and visiting Brazilian President Dilma Rousseff had agreed to quicken trade procedures for "gelatin, corn, tobacco leaf, bovine embryos and semen." At least we know there's no holding back the Chinese rhetorical flourishes on these issues.

Leave aside the whimsical acronyms. Addition of South Africa to the former BRICS format seems to have galvanized the grouping. The five countries agreed to expand use of their own currencies in trade with each other — an important step toward putting the dollar into a new downsized place. One key influence is the annual expansion of China's trade volume with other core countries by 40% in 2010 — and the buoyancy looks set to continue. The BRICS' state development banks, including the China Development Bank, agreed to use their own currencies instead of the dollar in issuing credit or grants to each other — and they will also phase out the dollar in overall settlements and lending among each other.

Strange future indeed.

[Ljubanec]

Ljubanec wait till macedonia joins the eu what will the debt be.???

I wasn't a fan of Yugoslavia, back in the day, so I'm not that big of a fan of the E.U. After all this time and bullshit. Lack of transparency from politicians all around. I think i'll pass on Macedonia paying for Greece's debt. If a greek can't pay his taxes why should we.

[Risto the Great]

Strange future indeed.

A future that rightly ignores the significance of the EU. I am sure you would agree if your EUVIAGRA ever wears off. So why is FYROM a good idea for entry again?

[Risto the Great]

I wasn't a fan of Yugoslavia, back in the day, so I'm not that big of a fan of the E.U. After all this time and bullshit. Lack of transparency from politicians all around. I think i'll pass on Macedonia paying for Greece's debt. If a greek can't pay his taxes why should we.

Fair call.