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Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust

 
Uncle Fuck Stick
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12/17/2013 12:13 AM
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Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
[link to mobile.usablenet.com (secure)]

New York, December 16, 2013 -- Moody's Investors Service has downgraded the Government of Venezuela's local and foreign currency ratings to Caa1 from B1 and B2 respectively. The outlook on both ratings remains negative. The key drivers for the action are:

1. Increasingly unsustainable macroeconomic imbalances; and

2. Materially higher risk of an economic and financial collapse.

RATINGS RATIONALE

The downgrade reflects Moody's view that Venezuela is facing increasingly unsustainable macroeconomic imbalances, including a skyrocketing inflation and a sharp depreciation of the parallel exchange rate. As government policies have exacerbated these problems, the risk of an economic and financial collapse has greatly increased.

Inflation is out of control having crossed the 50% mark. The parallel exchange rate has risen to 64 bolivares to the dollar --10 times the official rate - from

More at link
:4hlick:
Anonymous Coward
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Finland
12/17/2013 12:17 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
Anonymous Coward
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Canada
12/17/2013 12:17 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Coming to the USSA any day now...the biggest socialist shithole on the planet....
Uncle Fuck Stick  (OP)

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12/17/2013 12:19 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516


I am well aware my country has become a socialist shithole
:4hlick:
saved

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12/17/2013 12:47 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516


I am well aware my country has become a socialist shithole
 Quoting: Uncle Fuck Stick


And i mean the dirtiest kind of shit hole! A muslim is in charge!
Come And Take It!
SevenThunders

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United States
12/17/2013 02:12 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You would think the cognitive dissonance of another obvious, in-your-face socialist fiasco would cause liberals to rethink their moronic philosophies. Nope, instead they will double down and try to increase socialism.

More taxes! More state control! More confiscation! More persecution of those who disagree! That's what we need! according to the mind numbed liberal robots.

How many economic disasters do we need until they figure it out? If you really want to help the poor then help your small businesses thrive. It's that simple.

The UK recently lowered their corporate taxes. What happened? Government revenues increased. To a liberal the Laffer curve is like being hit in the face with a baseball bat, rather than the logical outcome of economic forces.
With man this is impossible, but with God all things are possible
Anonymous Coward
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12/17/2013 02:25 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
The US isn't far behind at the rate we are going.
Anonymous Coward
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United States
12/17/2013 02:35 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Moodys is front and center of the U.S. economic collapse.
Anonymous Coward
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Denmark
12/17/2013 02:41 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
It cant be as bad as the Usa.
Some friends that came back from the Usa a couple of days ago,
Said that usa is worse than India now , its soo worn down.
But i guess you middle class sheeple are to stupid to see it.
Look at your own shit country before you start calling others names
STARLING

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12/17/2013 03:53 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516

Capitalists, hahahaha,
Turkish

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Australia
12/17/2013 04:03 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
It doesn't matter whether it's Communism or Capitalism... they are 2 sides of the same coin with the ultimate goal being control.

The world population is growing at an exponential rate and Countries have to tighten the noose as they say, in order to keep the order.

It's a losing game though because eventually the population will grow too large to manage (one of the reasons they want a One World Order) and things will get ugly as social unrest spreads like a wild fire.

There's no stopping it people, money is an illusion, life is an illusion, stop playing the game and the sooner they lose !
"I'm trying to be a good soldier.. but you can't be a good soldier in a rotten war, Sir."
Anonymous Coward
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12/17/2013 04:26 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Coming to the USSA any day now...the biggest socialist shithole on the planet....
 Quoting: Anonymous Coward 23207426


hesright

Even employees at stores act like they're in some communist state. Giving you angry looks for walking into the store like you've just killed their grandmother. The white devil has arrived, make sure you mistreat him so he doesn't buy anything.
Anonymous Coward
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Germany
12/17/2013 04:53 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
[link to mobile.usablenet.com (secure)]

New York, December 16, 2013 -- Moody's Investors Service has downgraded the Government of Venezuela's local and foreign currency ratings to Caa1 from B1 and B2 respectively. The outlook on both ratings remains negative. The key drivers for the action are:

1. Increasingly unsustainable macroeconomic imbalances; and

2. Materially higher risk of an economic and financial collapse.

RATINGS RATIONALE

The downgrade reflects Moody's view that Venezuela is facing increasingly unsustainable macroeconomic imbalances, including a skyrocketing inflation and a sharp depreciation of the parallel exchange rate. As government policies have exacerbated these problems, the risk of an economic and financial collapse has greatly increased.

Inflation is out of control having crossed the 50% mark. The parallel exchange rate has risen to 64 bolivares to the dollar --10 times the official rate - from

More at link
 Quoting: Uncle Fuck Stick


grow up shill
Anonymous Coward
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12/17/2013 05:01 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516


There may have been some truth to that statement some years back, but not anymore. They haven't bought any debt in many years and are quietly dumping what they currently own.
Anonymous Coward
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Bulgaria
12/17/2013 05:13 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Venezuela doesn't give a shit about Moody's.
Anonymous Hero
User ID: 38113222
Poland
12/17/2013 05:32 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516


Coming to the USSA any day now...the biggest socialist shithole on the planet....
 Quoting: Anonymous Coward 23207426


You do realise your your capitalist shithole only stays up because of China. Right?
 Quoting: Anonymous Coward 51645516


I am well aware my country has become a socialist shithole
 Quoting: Uncle Fuck Stick


And i mean the dirtiest kind of shit hole! A muslim is in charge!
 Quoting: saved


clappa

and then they miraculou$ly won gold?
yoda
Uncle Fuck Stick  (OP)

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12/17/2013 05:41 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
gaybamachavez1
:4hlick:
Anonymous Hero
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Poland
12/17/2013 05:42 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
bump

watch it if you dare ...
yoda

Uncle Fuck Stick  (OP)

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12/17/2013 05:45 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Venezuela doesn't give a shit about Moody's.
 Quoting: Anonymous Coward 51677096


What's worse is if they did give a shit they wouldn't have any toilet paper to wipe with

[link to m.theatlanticcities.com]

Venezuela's Still Suffering an Extreme Toilet Paper Shortage

In Venezuela, grocery shopping has become a game of chance. Since the country imposed price controls on goods in 2003, there have been unpredictable shortages of staples like milk, rice and cooking oil.

And now, the country is running low on another essential: toilet paper. This particular shortage has shoppers outraged. As one woman told USA Today, "Call me a counterrevolutionary but the

Last Edited by Uncle Fuck Stick on 12/17/2013 05:46 AM
:4hlick:
Anonymous Coward
User ID: 45346229
United States
12/17/2013 07:41 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
It cant be as bad as the Usa.
Some friends that came back from the Usa a couple of days ago,
Said that usa is worse than India now , its soo worn down.
But i guess you middle class sheeple are to stupid to see it.
Look at your own shit country before you start calling others names
 Quoting: Anonymous Coward 20229145


USA has so far to fall, it will be falling into nothingness for hundreds of years before it ever begins an upward climb again. If it ever did.


Haiti was once the richest colony, US will be worse than Haiti, it already is socially, it's just they still have purchasing power of the dollar and cheap food , cheap basics like gas.

USA has nothing to rebuild society from, they have sacrificed their children to Satan for a good life, and Satan will not reward them for it.
Anonymous Coward
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United States
12/17/2013 07:43 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
things like the cheap food supplies in US will be gone as soon as nogs learn to attack the grain silos and things, food trucks. farming will become pointless as marauding colonies of fecoids begin to hang around farmers waiting for their crops to ripen.
Anonymous Coward
User ID: 27830471
Venezuela
12/17/2013 08:09 AM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Venezuela doesn't give a shit about Moody's.
 Quoting: Anonymous Coward 51677096


What's worse is if they did give a shit they wouldn't have any toilet paper to wipe with

[link to m.theatlanticcities.com]

Venezuela's Still Suffering an Extreme Toilet Paper Shortage

In Venezuela, grocery shopping has become a game of chance. Since the country imposed price controls on goods in 2003, there have been unpredictable shortages of staples like milk, rice and cooking oil.

And now, the country is running low on another essential: toilet paper. This particular shortage has shoppers outraged. As one woman told USA Today, "Call me a counterrevolutionary but the
 Quoting: Uncle Fuck Stick



hesright

You have to be here to experience the reality of the "revolution".
Anonymous Coward
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United States
12/17/2013 12:23 PM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
Venezuela doesn't give a shit about Moody's.
 Quoting: Anonymous Coward 51677096


What's worse is if they did give a shit they wouldn't have any toilet paper to wipe with

[link to m.theatlanticcities.com]

Venezuela's Still Suffering an Extreme Toilet Paper Shortage

In Venezuela, grocery shopping has become a game of chance. Since the country imposed price controls on goods in 2003, there have been unpredictable shortages of staples like milk, rice and cooking oil.

And now, the country is running low on another essential: toilet paper. This particular shortage has shoppers outraged. As one woman told USA Today, "Call me a counterrevolutionary but the
 Quoting: Uncle Fuck Stick



hesright

You have to be here to experience the reality of the "revolution".
 Quoting: Anonymous Coward 27830471


How dare you question the revolution! The police are on the way to have you arrested immediately. After the reeducation camp and torture, you will learn to love the revolution.
Anonymous Hero
User ID: 38113222
Poland
12/17/2013 01:55 PM
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Re: Moodys DOWNGRADES Venezuela.....Warns of Economic Collapse....Another socialist shithole bites the dust
bump

watch it if you dare ...
yoda


 Quoting: Anonymous Hero 38113222

hf





GLP