Godlike Productions - Conspiracy Forum
Users Online Now: 1,707 (Who's On?)Visitors Today: 143,577
Pageviews Today: 225,925Threads Today: 79Posts Today: 1,446
02:21 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?

 
Possum
Bushy-Tailed, Wide-Eyed, Alert & Magical.

User ID: 11201758
Australia
02/22/2012 03:05 AM

Report Abusive Post
Report Copyright Violation
Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
Before Greece and Portugal, it was Iceland that chilled investors. Now the country’s finances are recovering and its bonds are turning into a lucrative investment.
Fitch has upgraded Iceland’s sovereign credit rating from BB+ to BBB- with a stable outlook. The rating agency lifted “the junk bond status” saying the country’s “unorthodox crisis policy response has succeeded.”
In 2008 Iceland faced the worst financial crisis in its history as three leading banks defaulted under the weight of huge foreign debt. As it became clear the default were inevitable Iceland’s government nationalized the banks, while foreign creditors were left holding the bag.
“A Major part of Iceland’s debt has been written off. That means the country has more chances to pay its debts. So Iceland’s bonds are more attractive to investors than those of Greece or Portugal”, commented Tamerlan Khassimikov, the head of BST Capital Management.

[link to rt.com]
There is no need for temples, no need for complicated philosophies. My brain and my heart are my temples; my philosophy is kindness.
Dalai Lama
Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Albert Einstein
The kingdom of God is within you and all around you. It is not within buildings of wood or stone. Split a piece of wood and you will find me. Look beneath a stone and I am there.
Stigmata
Possum (OP)
Bushy-Tailed, Wide-Eyed, Alert & Magical.

User ID: 11201758
Australia
02/22/2012 03:17 AM

Report Abusive Post
Report Copyright Violation
Re: Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
bumphf
There is no need for temples, no need for complicated philosophies. My brain and my heart are my temples; my philosophy is kindness.
Dalai Lama
Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Albert Einstein
The kingdom of God is within you and all around you. It is not within buildings of wood or stone. Split a piece of wood and you will find me. Look beneath a stone and I am there.
Stigmata
Anonymous Coward
User ID: 11197154
Canada
02/22/2012 03:58 AM
Report Abusive Post
Report Copyright Violation
Re: Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
It's no coinkydink.
Anonymous Coward
User ID: 11144578
Australia
02/22/2012 04:17 AM
Report Abusive Post
Report Copyright Violation
Re: Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
Someone should tell US!! Australian national debt is out of control!!!!!!! [link to www.australiandebtclock.com.au]
Possum (OP)
Bushy-Tailed, Wide-Eyed, Alert & Magical.

User ID: 9735056
Australia
02/22/2012 05:40 AM

Report Abusive Post
Report Copyright Violation
Re: Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
Someone should tell US!! Australian national debt is out of control!!!!!!! [link to www.australiandebtclock.com.au]
 Quoting: mr2


I better stop with ebay then!
There is no need for temples, no need for complicated philosophies. My brain and my heart are my temples; my philosophy is kindness.
Dalai Lama
Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Albert Einstein
The kingdom of God is within you and all around you. It is not within buildings of wood or stone. Split a piece of wood and you will find me. Look beneath a stone and I am there.
Stigmata
Possum (OP)
Bushy-Tailed, Wide-Eyed, Alert & Magical.

User ID: 9735056
Australia
02/22/2012 06:54 AM

Report Abusive Post
Report Copyright Violation
Re: Iceland no longer Junk-Bond status! WOW - maybe Greece should follow suit?
bump
There is no need for temples, no need for complicated philosophies. My brain and my heart are my temples; my philosophy is kindness.
Dalai Lama
Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Albert Einstein
The kingdom of God is within you and all around you. It is not within buildings of wood or stone. Split a piece of wood and you will find me. Look beneath a stone and I am there.
Stigmata

News