-
Nine Reasons Why Greece, PIIGS Approaching Irreversible Slide To Default
In sum, like other emerging market nations, it has entered a vicious cycle in which market skepticism creates higher borrowing costs and actually pushes the country closer to the abyss, its demise becoming a self fulfilling prophecy. Once that momentum begins, it is very hard to stop decline in confidence Fitch Downgrade Means No More Room To Fall Before Junk Bond Status: Fitch’s downgrade of 2 notches from BBB+ to BBB- means the next level down is junk bond status, leaving Greece with no collateral to use for borrowing from the ECB. This after the ECB yielded and agreed to accept the BBB+ rating after 2010. Yield ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Apr 11, 2010 7:49am Apr 11, 2010 7:49am
-
Cliff Wachtel
- | Commercial Member | Joined Jun 2009 | 188 Comments
- Comment #2
- Apr 11, 2010 7:53am Apr 11, 2010 7:53am
- acumen
- Joined Mar 2007 | Status: Member | 0 Comments
- Comment #3
- Apr 11, 2010 9:37am Apr 11, 2010 9:37am
-
Cliff Wachtel
- | Commercial Member | Joined Jun 2009 | 188 Comments
- Comment #4
- Apr 11, 2010 10:45am Apr 11, 2010 10:45am
- trademeister
- | Joined Sep 2006 | Status: Member | 0 Comments
- Comment #5
- Apr 11, 2010 10:36pm Apr 11, 2010 10:36pm
-
inflxshn
- | Joined Jan 2007 | Status: Scanning the continuum | 12 Comments
- Comment #6
- Apr 12, 2010 12:09am Apr 12, 2010 12:09am
- pqt
- | Joined Nov 2007 | Status: Member | 34 Comments
- Comment #7
- Apr 12, 2010 12:08pm Apr 12, 2010 12:08pm
-
kingfisher
- | Joined Oct 2009 | Status: Member | 0 Comments
- Comment #8
- Apr 12, 2010 1:19pm Apr 12, 2010 1:19pm
-
Cliff Wachtel
- | Commercial Member | Joined Jun 2009 | 188 Comments
- Comment #9
- Apr 12, 2010 2:02pm Apr 12, 2010 2:02pm
- pqt
- | Joined Nov 2007 | Status: Member | 34 Comments
- Comment #10
- Apr 12, 2010 2:39pm Apr 12, 2010 2:39pm
- zek132
- | Joined Mar 2007 | Status: Forex Sceptic | 0 Comments
- Comment #11
- Apr 12, 2010 5:34pm Apr 12, 2010 5:34pm
-
opie999
- Joined Jun 2007 | Status: Know that you don't know. | 0 Comments
- Comment #12
- Apr 13, 2010 3:32am Apr 13, 2010 3:32am
-
Cliff Wachtel
- | Commercial Member | Joined Jun 2009 | 188 Comments
- Comment #13
- Edited 10:32pm Apr 13, 2010 10:05pm | Edited 10:32pm
-
Jimmy Jono
- | Joined Mar 2010 | Status: Member | 4 Comments
- Comment #14
- Apr 13, 2010 11:19pm Apr 13, 2010 11:19pm
- FXTradeX6
- | Joined Sep 2006 | Status: Member | 2 Comments
- Comment #15
- Apr 13, 2010 11:22pm Apr 13, 2010 11:22pm
- acumen
- Joined Mar 2007 | Status: Member | 0 Comments