The legendary Armstrong. Eleven years in the pen.
Posted on 06/06/2025 5:00:39 PM PDT by delta7
S&P Global (NYSE:SPGI) Ratings has downgraded Ukraine’s issue rating on its GDP-linked securities to ’D’ from ’CC’, following the country’s failure to make a $0.67 billion payment due on June 2, 2025.
The agency does not anticipate the payment to be fulfilled within the securities’ ten business day grace period, due to the government’s moratorium on payments for this bond unless it is restructured….
They should have dumped Zelensky for survival.
Why worry about a securities downgrade when the American taxpayer backstops all Ukranian debt?
Best to carve them up to their historic roots, Poland, Russia, Romania, Hungary each get their territory back.
All can afford to rebuild their respective territories. Many parts of the ethnic Russian territories are already being rebuilt, at lightening speed.
Why worry about a securities downgrade when the American taxpayer backstops all Ukranian debt?
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Reconstruction. Credit. Even Blackrock is now backing out from their “ Ukraine Reconstruction” scheme. Every one knows about the Ukies long history of debt default, only a fool would “ invest” in Ukraine, and now with a “ D” rating, seals their future fate.
https://www.fool.com/investing/how-to-invest/bonds/bond-ratings/
“AAA is the best rating, followed by AA, A, BBB, BB, B, CCC, CC, C, and D. The D rating is used for bonds already in default, which means the underlying company is unable to pay back the principal.”
Who will ever loan money to a crook who is in default? Ukraine started going into default on their loans just a few short years after they became a “ country” in 1991…crooks, deadbeats, their corruption is legendary in the financial markets. For that reason alone, Ukraine may just cease to exist.
Ah, yes. The Hussein/Biden Crime Syndicate is no longer restocking the Ukrainian ATM for the democRATS, DemoKKKrats, RINOs and the Deep State.
I should say “no longer directly restocking” the ATM. G-D only knows what other $$-shenanigans-$$ are in the Washington DC trillions.
As noted previously, this is why Russia will not take over Ukraine.
The correct configuration is a military junta of senior Ukrainian officers who will be technocrats and governance will be nothing beyond day to day function.
If Russia were to “take over” Ukraine, they would have to assume the debt. This is why the EU and ECB refused to “take over” Greece. It left Greece with the debt and avoided assuming it. Then they worsened it all by providing involuntary loans to Greece that were required to service already existing debt. It added debt to the stratosphere, where it will remain forever.
Ukraine, even with a pro Russia military junta, will become like the Philippines — who export labor for the purpose of remittance receipt. Forever.
Wait til Zelensky comes begging to Trump
He is going to wish he had done the original minerals deal that he played games with Trump on.
The cost of a life preserver on the dock is $49.99. When you are drowning out in the ocean miles from shore - it’s priceless
Post war Ukraine is not going to a fun place
“Best to carve them up to their historic roots, Poland, Russia, Romania, Hungary each get their territory back.”
Historically, Ukraine was not a part of Russia.
Part of Russia was once part of Ukraine.
The legendary Armstrong. Eleven years in the pen.
Say it ain’t so.
“only a fool would “ invest” in Ukraine,”
Trump is a fool? Only in your Ruskie world.
American’s don’t care that they are paying the salaries for teachers, firemen, police, soldiers, and their pensions in what is a fake economy after we used a coup to turn Ukraine into a DREAM DNC FACIST HATE MACHINE. Let’s just have the IMF inject some more liquidity. Afterall, the US is just going to print more money to bail out the fake economy and stolen nation which as been turned into a Gulag to keep people available for the Ukrainain/NATO war.
Hey Uncle Sam, how about fixing some potholes on our roads, or maybe provide Dental/Eye Care instead of abortion/condoms.
Does that mean more blonds in the world’s oldest profession all over Asian like in the 90s. The Ukies, Russians and Poles were famous for their tricks;)
BEFORE the war started, Ukraine had the lowest GDP per capita - a metric for national productivity - in the entire European Union.
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