Russia's credit rating is cut to junk by S&P

[Dem!god]

OKay well then S&P and IMF have no business in Russia. Who do they think they are?

lolzzz.... man do you even know what S&P is and what it do ...

 

[vostok]

tanks?

In the field of mining growth in 2014 was 1.4%
Manufacturing industry for the year increased by 2.1%

 

[Shotgunner51]

We might have seen something similar before, does that has some resemblance to the S&P-Moody's-Fitch sovereign-debt ratings downgrade in Euro crisis?

Is it a part of a coordinated attacks in economic warfare vs Russia? After petrol price, now targeting Ruble?

If so, seems like economic warfare is deadlier than CBG's.

Anyway probably we never know.

 

[Hasbara Buster]

Standard and Poor’s downgrade is, without any doubt, a political act. It proves what we already know, and that is that the American rating firms are corrupt political operations. Remember the Investment Grade rating the American rating agencies gave to obvious subprime junk? These rating agencies are paid by Wall Street, and like Wall Street they serve the US government.

A look at the facts serves to establish the political nature of the ruling. Don’t expect the corrupt US financial press to look at the facts. But right now, we will look at the facts.
Indeed, we will put the facts in context with the US debt situation.

According to the debt clocks available online, the Russian national debt as a percentage of Russian GDP is 11 percent. The American national debt as a percentage of US GDP is 105 percent, about ten times higher. My coauthors, Dave Kranzler, John Williams, and I have shown that when measured correctly, the US debt as a percent of GDP is much higher than the official figure.

The Russian national debt per capita is $1,645. The US national debt per capita is $56,952.
The size of Russia’s national debt is $235 billion, less than one quarter of a trillion. The size of the US national debt is $18 trillion, 76.6 times larger than the Russian debt.

Putting this in perspective: according to the debt clocks, US GDP is $17.3 trillion and Russian GDP is $2.1 trillion. So, US GDP is 8 times greater than Russian GDP, but US national debt is 76.6 times greater than Russia’s debt.

Clearly, it is the US credit rating that should have been downgraded to junk status. But this cannot happen. Any US credit rating agency that told the truth would be closed and prosecuted. It wouldn’t matter what the absurd charges are.

The rating agencies would be guilty of being anti-american, terrorist organizations like RT, etc. and so on, and they know it. Never expect any truth from any Wall Street denizen. They lie for a living.

According to this site: http://people.howstuffworks.com/5-united-states-debt-holders.htm#page=4 the US owes Russia as of January 2013 $162.9 billion. As the Russian national debt is $235 billion, 69 percent of the Russian national debt is covered by US debt obligations to Russia.

If this is a Russian Crisis, I am Alexander the Great.

 Russia In The Cross Hairs :  Information Clearing House - ICH

 

[ChineseTiger1986]

Standard and Poor’s downgrade is, without any doubt, a political act. It proves what we already know, and that is that the American rating firms are corrupt political operations. Remember the Investment Grade rating the American rating agencies gave to obvious subprime junk? These rating agencies are paid by Wall Street, and like Wall Street they serve the US government.

A look at the facts serves to establish the political nature of the ruling. Don’t expect the corrupt US financial press to look at the facts. But right now, we will look at the facts.
Indeed, we will put the facts in context with the US debt situation.

According to the debt clocks available online, the Russian national debt as a percentage of Russian GDP is 11 percent. The American national debt as a percentage of US GDP is 105 percent, about ten times higher. My coauthors, Dave Kranzler, John Williams, and I have shown that when measured correctly, the US debt as a percent of GDP is much higher than the official figure.

The Russian national debt per capita is $1,645. The US national debt per capita is $56,952.
The size of Russia’s national debt is $235 billion, less than one quarter of a trillion. The size of the US national debt is $18 trillion, 76.6 times larger than the Russian debt.

Putting this in perspective: according to the debt clocks, US GDP is $17.3 trillion and Russian GDP is $2.1 trillion. So, US GDP is 8 times greater than Russian GDP, but US national debt is 76.6 times greater than Russia’s debt.

Clearly, it is the US credit rating that should have been downgraded to junk status. But this cannot happen. Any US credit rating agency that told the truth would be closed and prosecuted. It wouldn’t matter what the absurd charges are.

The rating agencies would be guilty of being anti-american, terrorist organizations like RT, etc. and so on, and they know it. Never expect any truth from any Wall Street denizen. They lie for a living.

According to this site: http://people.howstuffworks.com/5-united-states-debt-holders.htm#page=4 the US owes Russia as of January 2013 $162.9 billion. As the Russian national debt is $235 billion, 69 percent of the Russian national debt is covered by US debt obligations to Russia.

If this is a Russian Crisis, I am Alexander the Great.

 Russia In The Cross Hairs : Information Clearing House - ICH

The West will only accept Russia when she is becoming as weak as Poland.

 

[Hasbara Buster]

The West will only accept Russia when she is becoming as weak as Poland.

Maybe there is still hope for Russia, the West accepts Saudi Arabia after all

 

[ChineseTiger1986]

Maybe there is still hope for Russia, the West accepts Saudi Arabia after all

Most Russian people have strong national pride.

They won't choose to be accepted by the West at the expense of losing their superpower status.

 

[Hasbara Buster]

Most Russian people have strong national pride.

They won't choose to be accepted by the West at the expense of losing their superpower status.

I think so too, I hope they won't disappoint us.

 

[ChineseTiger1986]

I think so too, I hope they won't disappoint us.

As long as they still have Putin, the Greater Russia dream won't end.

If there is no Putin, they can still have the communism.

Back in the 1990s, to disband the communism in order to appease the West was a stupid move made by those pro-West liberals/traitors.

They were a communist superpower, to discard the communism was like to trigger the self-destruction mode.

Now Putin has learned the lesson, that's why most Russians still miss the old days of the mighty USSR.

 

[Hasbara Buster]

As long as they still have Putin, the Greater Russia dream won't end.

If there is no Putin, they can still have the communism.

Back in 1990s, to disband the communism in order to appease the West was a stupid move made by those pro-West liberals/traitors.

They were a communist superpower, to discard the communism was like to trigger the self-destruction mode.

Now Putin has learned the lesson, that's why most Russians still miss the old days of the mighty USSR.

I'm not sure if Russian style communism was all that successful, but the traitor Yeltsin and others had done tremendous damage to Russia in the 90's. Gorbachov was also a naive man putting blind belief trust in the empty words of NATO and Western leaders.

 

[ChineseTiger1986]

I'm not sure if Russian style communism was all that successful, but the traitor Yeltsin and others had done tremendous damage to Russia in the 90's. Gorbachov was also a very naive man.

The Russian style of communism got some stagnation, but all they needed was to reform it, but to overthrow the whole system was simply suicide.

That's why Mao and Deng were much smarter than any Soviet leaders except Lenin and Stalin.

If Gorbachev was as smart as Deng, then Soviet Union would have already won the Cold War in the early 2000s to the early 2010s.

 

[Superboy]

The USSR was not rich? Then why Ukraine lobs millions of shells to massacre civilians?

 

[ChineseTiger1986]

The USSR was not rich? Then why Ukraine lobs millions of shells to massacre civilians?

The USSR would become richer than the US if they had a Chinese style of reform.

 

[Providence]

Production is real economy. American economy is fake.

It is apparent that you have ZERO knowledge and intent to learn any macro economic concept. Is it just another of your DSI rants ?

Anyway, for the uninitiated, regarding the "real money" rant, quantity theory of money would help you calm your nerves.

MV = PY ​

where, M = money supply, V = velocity of money, P = price level, Y = real GDP

Assumptions:

• V is constant
• Money has no effect on real variables (so ∆M has no effect on Y)
• Y is entirely determined by the fixed stock of labor, capital and technology

http://web.mit.edu/course/15/15.012cd/attach/Rec-9Feb01.pdf

 

[gambit]

Production is real economy. American economy is fake.

Correct. The US does not produce any DSI so our economy is fake.

The USSR would become richer than the US if they had a Chinese style of reform.

Correct. All the USSR had to do was produce a lot of DSI and that would save them.