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Rating Agencies Downgrade 24 Countries

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Lobo
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Rating Agencies Downgrade 24 Countries

Post by Lobo on Thu 14 Jul 2016, 1:24 pm


The three main credit rating agencies have been downgrading government debt at an alarming rate, which confirms our computer models, albeit a tad late. The first half of 2016 has seen more sovereign downgrades since the crash of 2009. The first six months of last year saw Moody’s downgrade 24 governments, Standard & Poor’s 16 governments, and Fitch 14. This has included Saudi Arabia and Brazil.
https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/rating-agencies-down-grade-24-counties/

    Current date/time is Fri 23 Jun 2017, 2:04 am