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HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!

 
I'M ZORRO DAMMIT
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09/30/2012 08:06 PM

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HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Link to come...seen on twitter from zerohedge,Russian market,CNBC..... yak....
Anonymous Coward
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09/30/2012 08:09 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Been ther done that with Greece. Nothing happened.
Anonymous Coward
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09/30/2012 08:10 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
OMGoodness! R u serioous??? This is not good at all!!! This is true doom!!!
Anonymous Coward
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09/30/2012 08:10 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Been ther done that with Greece. Nothing happened.
 Quoting: Anonymous Coward 20417266


Spain is huge compared to Greece.
MARTIAL_LAW

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09/30/2012 08:13 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

tpcoaster

Last Edited by No More Lies on 09/30/2012 08:30 PM
Thanks to whomever upgraded my account!
:nml:
I'M ZORRO DAMMIT (OP)

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09/30/2012 08:13 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
This link is from June but foretells the reason for the doom to come....

[link to www.bloomberg.com]
Anonymous Coward
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09/30/2012 08:13 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Been ther done that with Greece. Nothing happened.
 Quoting: Anonymous Coward 20417266


Spain's GDP is almost five times the size of Greece's.

It's like saying Fumushima wasnt the end of the world, so five more Fumushima-scale accidents would be no problem.
MARTIAL_LAW

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09/30/2012 08:18 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Analysts widely believe a decision will be forthcoming and that the outcome is unlikely to be positive.

Spain's credit rating currently sits one notch above 'junk' status.

Any downgrade would have severe consequences for the country, as some investors can't hold non-investment grade debt.

[link to www.skynews.com.au]

shtf
Thanks to whomever upgraded my account!
:nml:
Anonymous Coward
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09/30/2012 08:28 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
if it happens the yelds will rise, spain wont have money, a bailout will be needed, more austerity measures will be implemented

yea where have i seen this already? ffs looks like a script
Anonymous Coward
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09/30/2012 08:28 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Rah! Rah! Shish Coom Bah! Go Moody's Rah! Rah! Rah!
Anonymous Coward
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09/30/2012 08:36 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
EU... EU...
See you!
Zooropa! Zooropa!

byekitty
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09/30/2012 08:39 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Analysts widely believe a decision will be forthcoming and that the outcome is unlikely to be positive.

Spain's credit rating currently sits one notch above 'junk' status.

Any downgrade would have severe consequences for the country, as some investors can't hold non-investment grade debt.

[link to www.skynews.com.au]

shtf
 Quoting: MARTIAL_LAW



1211221
ISLANDIA

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09/30/2012 08:39 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Mid to late october shall be the surprise

There is a plan

How far will tptb go this time

The only way to accept the order is to have no other choice.

Try and prepare but in 5 years it will make no difference
Anonymous Coward
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Argentina
09/30/2012 08:40 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

:tpcoaster:
 Quoting: MARTIAL_LAW



I WANT THIS tomato plant photo in the glp photo gallery pleaseeee Hahah

THIS IS so glp mods...
chuckle
Saddletramp
We Don't Rent Pigs...

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09/30/2012 08:42 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Moody's is due to conclude their review of Spain on Monday...

A downgrade to junk would be devestating...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Nickadeemus

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09/30/2012 08:44 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

tpcoaster
 Quoting: MARTIAL_LAW



chuckle

Good to see you Martial.

Nick®
thinkin
Pure Life; Get it on...
Anonymous Coward
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09/30/2012 08:45 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Moody's is due to conclude their review of Spain on Monday...

A downgrade to junk would be devestating...
 Quoting: Saddletramp


goodnews
Anonymous Coward
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09/30/2012 08:45 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Moody's is due to conclude their review of Spain on Monday...

A downgrade to junk would be devestating...
 Quoting: Saddletramp


Taking bets that they won't do it, just because. Chances are that their palms are being greased as we speak.
Zombietard

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Argentina
09/30/2012 08:48 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
sfanviolinfatlady For Spain.
Anonymous Coward
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09/30/2012 08:49 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
the question really is. When will the stupid american bought off gubbmernet and corporate stooges finally realize the dollar is worthless
GONEWILD

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09/30/2012 08:49 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
drevil


sfan
GONEWILD
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09/30/2012 08:49 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
What I want to know is...how did "Moody's" gain such power, to make and break whole nations?

This is a small company, a rating agency based in New York.

Why does the fate of nations rest on what they decide to say about things? Shouldn't there be a more impartial mechanism?
ReVbo™
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09/30/2012 08:51 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

tpcoaster
 Quoting: MARTIAL_LAW



chuckle

Good to see you Martial.

Nick®
thinkin
 Quoting: Nickadeemus


Welcome back, buddy. Now, there's some serious doom to get Nick out of semi-retirement. See you guys in the morning.

popcorn
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Anonymous Coward
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09/30/2012 08:53 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
That means the market is bullish..............again ?

Good for at least +100 points right ?
Nickadeemus

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09/30/2012 08:54 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

tpcoaster
 Quoting: MARTIAL_LAW



chuckle

Good to see you Martial.

Nick®
thinkin
 Quoting: Nickadeemus


Welcome back, buddy. Now, there's some serious doom to get Nick out of semi-retirement. See you guys in the morning.

popcorn
 Quoting: ReVbo™


Sup Rev!!?? Great to see you too brother. It's on like Donkey-Kong. Let's get this mother on...

Nick®
gecknick
Pure Life; Get it on...
Anonymous Coward
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09/30/2012 08:58 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Moody's is due to conclude their review of Spain on Monday...

A downgrade to junk would be devestating...
 Quoting: Saddletramp




They won't. There is not enough insurance in reserves to pay out. AIG holds the cards.
imjustsayin

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09/30/2012 08:58 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Just rumors so far, but could come out shortly. Didn't Moody's get the memo they were suppose to wait until AFTER the US elections?

chuckle

This deserves the doom coaster

tpcoaster
 Quoting: MARTIAL_LAW


Omg...I love the doom coaster!
Love & Light...
TraderRob

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09/30/2012 09:08 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
Given what I have heard... Junk Status is an upgrade for Spain
insertfunnyusername

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Greece
09/30/2012 09:20 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
damned
Anonymous Coward
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09/30/2012 09:21 PM
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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
finally October begins and the doom comes with it.

Hello all

:gnomies:
I'M ZORRO DAMMIT (OP)

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09/30/2012 09:22 PM

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Re: HOLY SHIT.....MOODYS ABOUT TO DOWNGRADE SPAIN TO JUNK STATUS........DOOM ON !!!!
What I want to know is...how did "Moody's" gain such power, to make and break whole nations?

This is a small company, a rating agency based in New York.

Why does the fate of nations rest on what they decide to say about things? Shouldn't there be a more impartial mechanism?
 Quoting: Anonymous Coward 1130777


That's the rating agencies soul purpose...there rabbbel rousers....they didn't downgrade Enron until the week after it went bankrupt....they cover up corruption then flood panic in the markets when it's time for more pilliaging of national sovereignty and citizens wealth .

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