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Russia Debt One Grade Above Junk With Downgrades Coming, How Likely is Default?
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[quote:Uncle Fuck Stick:MV8yNzU3MjgwXzQ4MDczMDEwXzdGQTAzMjg=] [quote:Anonymous Coward 66458560:MV8yNzU3MjgwXzQ4MDcyOTUyXzNBRjVGQkVB] [quote:Uncle Fuck Stick:MV8yNzU3MjgwXzQ4MDcyODc3Xzc5NkIwN0Qw] [quote:Anonymous Coward 66458560:MV8yNzU3MjgwXzQ4MDcyNzU5X0E3QjkwRjY4] [quote:Uncle Fuck Stick:MV8yNzU3MjgwXzY3NTJFODdD] http://finance.townhall.com/columnists/mikeshedlock/2014/12/28/russia-debt-one-grade-above-junk-with-downgrades-coming-how-likely-is-default-n1936272 All three rating agencies are expected to downgrade Russia's debt to junk soon and bailouts to Russian banks are on the rise, but how likely is default? The Financial Times reports ... Russia trebled the size of its bailout of troubled lender Trust Bank to Rbs99bn ($1.9bn) on Friday, laying bare the growing financial fallout from its currency crisis and the slump in the price of oil, its main export. The rapidly rising cost makes the rescue of Trust bank, which foundered as the rouble collapsed early last week, the second-largest seen in Russia. More in link [/quote] Are you not seeing all the threads about them designing and bringing online a new credit system? It really makes your thread irrelevant... [/quote] Irrelevant my ass....while the credit rating agencies are a fraud many sheep around the world believe and invest in this current bullshit system....For example the US debt bubble is partly propped up on positive speculation... [/quote] It's not real debt and its owed to a small banking family so who gives a fuck dude! Seems you have a cranial rectal inversion situation goin on...! [/quote] :munch: [/quote]
Original Message
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link to finance.townhall.com
]
All three rating agencies are expected to downgrade Russia's debt to junk soon and bailouts to Russian banks are on the rise, but how likely is default?
The Financial Times reports ...
Russia trebled the size of its bailout of troubled lender Trust Bank to Rbs99bn ($1.9bn) on Friday, laying bare the growing financial fallout from its currency crisis and the slump in the price of oil, its main export.
The rapidly rising cost makes the rescue of Trust bank, which foundered as the rouble collapsed early last week, the second-largest seen in Russia.
More in link
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