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Thread: Argentina downgraded FIVE notches !

  1. 11-28-2012, 01:18 PM #1
    prepguide
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    Argentina downgraded FIVE notches !

    Fitch credit agency downgraded Argentina five notches and predicts that the country will default.

    http://www.telegraph.co.uk/finance/f...s-default.html
    Last edited by prepguide; 11-28-2012 at 02:06 PM.
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  2. 11-28-2012, 11:41 PM #2
    bacpacker
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    I'll most likely shit myself



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    That sounds bad. I have totally missed that they were in bad shape again. That is a huge downgrade, things must be close to collapse down there. It sure bears watching closely.
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  3. 11-29-2012, 05:17 AM #3
    Jimmy24
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    Yes this is their 2nd go-a-round now. It got pertty bad down there just a few short years ago. Actually they just got a stay on a loan than was due and they can't pay. It will hold off default for a short while longer....but who knows for sure....

    Jimmy
    Last edited by Jimmy24; 11-29-2012 at 05:23 AM.
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  4. 11-29-2012, 10:26 AM #4
    Echo2
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    This guy has "some" flashlights. Just a couple. As in, a metric-butt ton of em.

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    That can't be....all my liberal friends say that they are the model for a speedy recovery after an economic reset.

    Maybe it just a double dip recession....you know....like they predict here....
    The Difference Between a Welfare State and a Totalitarian State is a Matter of Time.
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  5. 11-29-2012, 11:18 AM #5
    bacpacker
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    I'll most likely shit myself



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    Iirc that was about a decade ago they went thru this same shit. First greece then spain italy. Last week france now argentina takes a big hit. Wonder whos next?
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  6. 11-29-2012, 01:06 PM #6
    Sniper-T
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    For the Love of Cats


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    Hate to say it... but y'all might want to have a quick peek in one of these things...

    Give a man fire, and he'll be warm for a day!
    Light a man on fire, and he'll be warm for the rest of his life!

    Cat's are food... not friends!

    If you're going to fight, then fight like you're the third monkey on the ramp into Noah's arc... and brother, it's starting to rain.
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  7. 11-29-2012, 01:43 PM #7
    bacpacker
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    I'll most likely shit myself



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    Thats what worries me T. Plus last time I looked in one of those it broke.
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  8. 11-29-2012, 01:47 PM #8
    eagle326
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    CC Gray Panther
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    With my face B.P. the wife only allows stainless steel mirrors in the house.
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  9. 11-29-2012, 04:35 PM #9
    bacpacker
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    I'll most likely shit myself



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    Shit Id probably break those too.
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  10. 11-29-2012, 05:15 PM #10
    Echo2
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    This guy has "some" flashlights. Just a couple. As in, a metric-butt ton of em.

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    Quote Originally Posted by Sniper-T View Post
    Hate to say it... but y'all might want to have a quick peek in one of these things...

    You're full of happy thoughts....
    The Difference Between a Welfare State and a Totalitarian State is a Matter of Time.
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