5 countries in deep financial trouble

hhiusa

Senior member
2,687 139
Mexico: S&P BBB+ FC long term, A-2 (investment grade) FC short term, A (investment grade) LC Long Term, A-1 (investment grade) short term. Ratings upgraded 2013. Source: Bloomberg Professional terminal five minutes ago. I can give you Moody's, Fitch and R&I as well if you want. None suggest an economy 'in trouble'. Now **** off and stop posting **** you don't understand.

Mexico doesn't exist without American tourist dollars. The last place I would be putting money is Mexico for a long term investment. When has Mexico ever been in good shape. I have been all over Mexico and it is far anything I would consider thriving. Additionally, I would never consider investing in South America. If tomorrow Mexico had a AAA rating when hell freezes over it would still be a bad investment. Investing in a area with that many human rights issues is of no interest to me.

I couldn't care less if you use a Bloomberg terminal, it is neither the be all end all of market data nor the most expensive. There are providers like ITG, Liquidnet, etc. Bloomberg is just more advertised as it is one the cheaper higher-end providers to non-traditional markets.
 

Splitlink

Legendary member
10,850 1,233
Mexico: S&P BBB+ FC long term, A-2 (investment grade) FC short term, A (investment grade) LC Long Term, A-1 (investment grade) short term. Ratings upgraded 2013. Source: Bloomberg Professional terminal five minutes ago. I can give you Moody's, Fitch and R&I as well if you want. None suggest an economy 'in trouble'. Now **** off and stop posting **** you don't understand.

You can't win with this one, JC. :p
 

hhiusa

Senior member
2,687 139
In what world are B-grade investments sound unless you want to take on the excess risk, all to do what exactly.

There's a reason why Spain is so inexpensive to live in.
 

hhiusa

Senior member
2,687 139
Why does every one realize you are a @kin mong - except you ?

It has been real fun watching some of blow your lid. Nice vocabulary you have there. How old could you possibly be using words like mong? An individual’s command of the English language is a key determinant of success in life. We tend to form our opinions of others in part by how well they speak. The ability to use proper English is a sign of an educated person.
 

hhiusa

Senior member
2,687 139
Argentina suffers fresh defeat in default row
http://www.telegraph.co.uk/finance/financialcrisis/11468637/Argentina-suffers-fresh-defeat-in-default-row.html

U.S. judge reserves judgment on broadening Argentina debt ruling
http://www.cnbc.com/id/102718699
The hearing concerned 526 creditors holding over $5.4 billion in money judgments or claims who filed paperwork by March 2. In the New York federal court alone, there are $10 billion in judgments against the country are pending. Feel the burn. :LOL:
 

bwge

Junior member
41 4
Is UK also not in a BIG ****HOLE???
If the Arab and Russian investment is removed then UK would collapse totally!
 

Splitlink

Legendary member
10,850 1,233
Is UK also not in a BIG ****HOLE???
If the Arab and Russian investment is removed then UK would collapse totally!

It is confidence in the currency. It is what keeps the UK going and why right wing leaders strive to maintain that. Spain has a right wing government and very unpopular it is, too. The day that the socialists get in the bond yields will rise as bondholders unload onto the market.

The solution, unfortunately, is misery for millions of unemployed, but they, also, have the vote and they will use it in six months.
 
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hhiusa

Senior member
2,687 139
While Argentina faces default another country is trouble. Moldova is in financial crisis.
 

Pat494

Legendary member
14,625 1,575
Every system has its drawbacks. The drawback of democracy is politicians promising way more than the country can afford just to get elected and then what. We shall see just what happens in this case with Greece.

As with company bankruptcy, the bankrupt country should be put into administration. The rich are forced to pay their taxes or forfeit their citizenship etc.
 

hhiusa

Senior member
2,687 139
Every system has its drawbacks. The drawback of democracy is politicians promising way more than the country can afford just to get elected and then what. We shall see just what happens in this case with Greece.

As with company bankruptcy, the bankrupt country should be put into administration. The rich are forced to pay their taxes or forfeit their citizenship etc.

I suppose that's a socialist way of looking at it and bit extreme. The rich are not necessarily tax evading, they just pay lawyers to find legal ways around things. The average person just doesn't want to take the time to learn how or to pay for someone else to do that. This why the IRS rarely goes after the big fish. When it comes to someone making below $50,000, they are more likely to use some program like Turbo Tax or do it themselves and; thus, making more mistakes. A wealthier person can just railroad the IRS until the IRS decides they have spent too much money pursuing the matter.
 

Atilla

Legendary member
19,544 2,928
Is UK also not in a BIG ****HOLE???
If the Arab and Russian investment is removed then UK would collapse totally!

No it's not.

You need to ask why don't the Arab's, Russian's or anyone else for that matter invest elsewhere? Why in the UK? Why have Japanese setup their car assembly plants in the UK at massive cost?



As for the totally collapse part, that's real funny. :LOL:
 

hhiusa

Senior member
2,687 139
Debt Is Rising Across Most of the World

We will have to wait until June 17 for the German parliament to convene and ratify any possible changes to the deal. I can't wait until July 20 arrives. :clap:

In more positive news, Iceland's economy is definitely stabilizing. The government is removing its capital controls after 7 years. :clap:
 
 
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