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

Been ther done that with Greece. Nothing happened.

OMGoodness! R u serioous??? This is not good at all!!! This is true doom!!!

Spain is huge compared to Greece.

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?



This deserves the doom coaster



Last Edited by PANIK on 09/30/2012 08:30 PM

This link is from June but foretells the reason for the doom to come....

[link to www.bloomberg.com]

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.

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]

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

Rah! Rah! Shish Coom Bah! Go Moody's Rah! Rah! Rah!

EU... EU...
See you!
Zooropa! Zooropa!

:1211221:

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

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

THIS IS so glp mods...

Moody's is due to conclude their review of Spain on Monday...

A downgrade to junk would be devestating...

Good to see you Martial.

Nick®

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

For Spain.

the question really is. When will the stupid american bought off gubbmernet and corporate stooges finally realize the dollar is worthless

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?

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

That means the market is bullish..............again ?

Good for at least +100 points right ?

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

Nick®

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

Omg...I love the doom coaster!

Given what I have heard... Junk Status is an upgrade for Spain

finally October begins and the doom comes with it.

Hello all

:gnomies:

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 .