Through Western sanctions and the fall in oil prices, Russia has fallen to fifth place in the list of countries with high probability of default, leaving behind countries such as Lebanon, Egypt and Portugal, which have lower credit ratings. It is predicted that the S&P will reduce the Russian rating in the next 90 days.
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Jazenevd
Fitch is wrong. The rating is too high.
Russia doesn't have adequate resources to service debts. First, official numbers are always suspected when they are reported by totalitarian regimes. Second, Putin is a friendly guy. he got many friends controlling big Russian "private" companies. These companies do have big debts and Putin, very friendly guy, put his friend interest on first place. He raids resource funds that Russia still has to pay his buddies debts and make sure that they make more $$ on top of that.
Larry
lmao
Russia has almost no debt and we have so much we could make a bridge across the Atlantic with all of it we owe!
Russia downgraded yet we are just fine?lmao
Fitch is doing what it is told to do!
How is the Russian economy compared to ours?
Oh yea theirs is taking off since they are being made to make their stuff there!
Gee maybe we could learn something from them but no they are bad and we are good!lmao
Some fine print we have here!
What they think the higher the degree of propaganda the worse the country will become?
They are dreaming!
Oh well what do I know?
