Post From Wealthwatch.world Chat Room Late Evening Part 2 of 2
OOTW: SO IRAQ IS AN A- AND THE US IS AAA- YEP NOTICEABLE DIFFERENCE
OOTW: SORRY, NO US IS AA+
Tampa4: That was a recent downgrade wasn't it?
GJMAN: I have a hard time believing Zimbabwe and Cuba have an "A-" rating too
OOTW: WE STILL NEED TO SEE IRAQ REPORTING ON S&P OR MOODY'S
OOTW: YEAH ITALY'S LISTING ON THAT SITE IS BBB-
OOTW: AND IRAQ'S IS HIGHER FOR SOME REASON
GJMAN: so is Zim and Cuba ? I don't buy it
Tampa4: 80% debt forgiveness might be the reason for that
OOTW: SO ITALY'S RATING IS B- BUT THEIR CURRENCY RATING IS A BBB-
OOTW: AH OK TAMPA THANK YOU VERY MUCH
GJMAN: Maynmar republic is also that is in the worst shape than anyone!!
GJMAN: this can't be a credit rate, we are all misreading something
OOTW: LIKEWISE I FIND IT DIFFICULT TO BELIEVE THAT THE US HASN'T HAD A REVIEW OF THEIR RATING SINCE 2011 ACCDNG TO GOOGLE LOL
gold642: well whatever it IS its not the RV yet
GJMAN: I hate to burst bubbles ,just want the facts
OOTW: NO, YOU'RE NOT BURSTING BUBBLES...WE AIM TO FIND THAT OUT AS WELL, AS I SAID IN THE RESPECTIVE THREAD..WE'VE NOT YET HEARD FROM S&P OR MOODY'S ON THIS YET
OOTW: SO WE WAIT
OOTW: ALSO MY SPECIALTY IS THE PRIVATE SECTOR REFORM AND LAWS
OOTW: AS TXTRADER SAID, IT TAKES MANY PEOPLE TO GAIN INSIGHT AND OFFER VIEWS / THEIR BACKGROUNDS TO ANALYZE THIS
OOTW: I DO NOT CLAIM TO BE AN ECONOMIC EXPERT
OOTW: SO I WELCOME YOUR THOUGHTS AND QUESTIONS
GJMAN: reguardless I really think this ride is comeing to an end real soon
sczin11: ‹@OOTW› AND THAT POSITIVE PROGRESSIVE INFO IS FLOWING LIKE RAPIDS
sczin11: PVT SECTOR THAT IS
OOTW: GJ YES PERHAPS
GJMAN: very exciting times if you ask me
OOTW: YES SCZIN BANKS GETTING LOANS TO DOLE OUT FOR PRIVATE SECTOR AND COMMERCIAL LOANS VERY GOOD
OOTW: FOR SURE
OOTW: GJ IF YOU TOOL AROUND IN MY CHAT THREADS OR JUST IN THE FORUM, IN GENERAL, YOU'LL SEE MANY CHATS DETAILING PRIVATE SECTOR DEVELOPMENT AND LAWS
OOTW: I LIKE TO USE OFFICIAL LINKS
OOTW: DOESN'T MEAN WE GET THE WHOLE PICTURE, BUT IT HELPS A GREAT DEAL
sczin11: ‹@OOTW› WORLD BANK PARTNERING WITH GOVT OF IRAQ TO MAKE SURE REQUIREMENTS ARE MET FOR THE CONTINUED IMPLEMENTATION OF THE PVT SECTOR ECONOMIC REFORM
OOTW: GREAT NEWS SCZIN11 TY!
sczin11: FOR 2016 BUDGET PLANNING, THAT IS
sczin11: ‹@OOTW› HOW ABOUT BASRA PROVINCE ANNOUNCING 85% OF THEIR PROVINCE NOW HAS ELECTRICITY 24,HOURS A DAY
OOTW: IT'S TIME FOR MY WALK...AND APPARENTLY FOR THE STORMS TO START AS WELL..OH WELL...HUGS AND WELCOME NEW MEMBERS! WE ENCOURAGE DEBATE AND RESEARCH AND DISCUSSION!
GJMAN: k thaanks
OOTW: OH WOW- I DIDN'T SEE THAT ONE, SCZIN11 THAT'S WONDERFUL!
OOTW: SURE GJMAN
sczin11: ‹@OOTW› MAYBE A RUN IS IN ORDER, NOT A WALK
OOTW: CORRECTION* BANK DISTRIBUTING CAPITAL FOR COMMERCIAL LOANS
sczin11: ‹@OOTW› wealthwatch.world/showthr...
gold642: 7-9-2015 Newshound Guru OOTW ART'S CAME OUT STATING THEY'RE GOING TO LAUNCH THESE NEW 50K NOTES END OF MONTH (I'LL BELIEVE IT WHEN I SEE IT) –
AND AGAIN, THE LAST INFERENCE WE HAVE IS THAT THEY HAVE DOUBLE THE RESERVES TO BACK THE VALUE OF THE DINAR - SO THAT PUTS US AT 2/10 OF A CENT, WHAT THEY'LL REALLY DO..
WE HAVE TO WAIT AND SEE. ...ALL OF THE COUNTRIES I'VE RESEARCHED AT THE IMF SITE, WHO HAVE RELEASED THEIR CURRENCIES TO THE INTERNATIONAL MARKET UNDER ART 14 - THE HIGHEST VALUE OF ALL OF THEM IS TEN CENTS TO THE DOLLAR.
gold642: .10 to a Buck, i'll take any day
RVPlease: are you folks sure that .. that 7 on the report is their credit rating? I sure hope not.. cause a 7 is the worst.... Nigeria.. Libya..etc... all have that rating... 0 is the best...
DT N AZ: A-7
Casperette: RVPlease. Thanks. That is how I understand that as well. 7 appears to be bad!!
RVPlease: This is a risk only rating... NOT a credit rating... you will see them get an A...or AA... or BB... or whatever.... their credit rating... is not out yet.....
RVPlease: SOmeone better read up..... Good night..
Milndollarbabe: Where are you seeing the credit rating? It's not showing up at any of the 3 majors??!
Milndollarbabe: RVPlease ok thanks.... That's what I thought too
DT N AZ:
Milndollarbabe: The rating will show up on standard and poors, Moody's, and Fitch
Milndollarbabe: When they get one that is