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Subject Fitch: Argentina to Default

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[quote:Adventus Domini:MV8yMDY1MTA3XzM0NzU4OTU0X0JFMzYwOTQ4]
[quote:Anonymous Coward 1492996:MV8yMDY1MTA3XzM0NzU2OTA2X0NEOTBFQjEy]
[i]...But two weeks after the first country goes down, Mexico is going to default on $100 billion. And When the banks open the next day at 9:00 am in the morning $15 billion an hour is going to be withdrawn from our American banks.[/i]

In the stock market, when I could see trends, my direction was right, but my timing was always off... I always saw it sooner than it really was.. Sometimes I was off by weeks/months.

In any case... the point is, timing is a difficult thing to perceive from where we are and in this case, it looks like "two weeks" may be 2-4 months?
[/quote]

It's a confusing prophecy.  It's a transcript from an audio recording of David Wilkerson a long time ago.  I would like to find the audio file and listen to it for clarification.

There seems to be a first country that goes bankrupt.  Best guess for that one is Greece, which fits the profile.

The second one is the question.  At first it sounds like Argentina or Brazil.  Then it sounds like he is refering to Mexico.  As far as I know, Mexico is not at risk of default.
[/quote]

Original Message [link to www.telegraph.co.uk]

Fitch downgrades Argentina and predicts default

Credit rating agency Fitch has downgraded Argentina, which is locked in a court battle in New York over its debt, and said the country would probably default.

Fitch cut its long-term rating for Argentina to "CC" from "B," a downgrade of five notches, and cut its short-term rating to "C" from "B". A rating of "C" is one step above default, AP reported.

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