I wouldn't say "zero".There is 0% chance that will happen.
I wouldn't say "zero".There is 0% chance that will happen.
Well, Standard and Poors (and Moodys) aren't in the fixing business, they're in the business of calling things as they see them.
If they didn't downgrade them, there'd be 20 threads here with people whining about "a rigged system".
Right?
Right.
Think about it like this:
What type of umpire do you want behind home-plate?
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So we cook the books?But what the impact is since Russia does not plan to borrow from the West?
It is just a complete de-coupling. It is a nuclear option. And West has no more leverage.
I wouldn't say "zero".
When I was a kid the neighbors had a German Shepard. It was old and it was getting sick. They went on vacation and I was charged with feeding it for a week. The dog always liked me, and I liked it. But it was sick, and it was on a leash outside. On about the third day when I brought him his food, instead of going for the food, he went for me.VZ, truly, there is zero chance this will happen. You are old enough to remember that horrible threat. Let's just get that shit out of our consciousness, man. No nukes. Repeat that in your head, and help assure to make it so. I am serious. How can you forget how BAD that idea is?
Eventually, that debt gets paid. Usually, thru massive inflation. We cannot print our selves out of that problem. US dollar continues to be worth less and less every day.
...if you're a Russian shill, probably being paid for spreading Russian propaganda. Or a really, really enormous idiot. Which one is it?