SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: geewiz who wrote (356571)2/6/2008 5:08:23 AM
From: Real Man  Respond to of 436258
 
Yes, 2 years ago, and they still have to keep the rates high.
Bummer! -g- If I remember correctly, their situation prior
to the crisis was pretty bad, with 300% of GDP borrowed from
foreigners. Iceland is a tiny country.



To: geewiz who wrote (356571)2/6/2008 5:32:27 AM
From: Real Man  Respond to of 436258
 
FWIW, I think US sovereign debt will get downgraded by
Moody's.... AFTER the currency crisis, of course....
And, if Moody's is still around; I'm not 100% sure
they will be. What's the use of a credit rating
agency that issues fraudulent ratings? -ggg-

ft.com


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News