[markomalley]

Wonder when Moody's is going to "cut the US to junk"?

[pepsionice]

I’d be guessing weeks...not months. And the market will take a huge crash dive on that day (500 points down, my humble guess).

[Shadow44]

I wonder who’s next. Spain? Italy?

[MeganC]

“There also is an increasing probability Portugal will not be able to borrow at sustainable rates”

I’m wondering how the hell anyone continuously borrows at a ‘sustainable rate’? WTF kind of nonsense is that?

[Terry Mross]

If Moody’s rates every entity as “junk” does Moody’s continue to exist?

[G Larry]

Why, just this morning an article was posted, noting that 10 years after Portual had decriminalized drug use, there was no negative effect....

Anybody suppose there’s an undocumented reduction in motivation and productivity there?

[G Larry]

Why, just this morning an article was posted, noting that 10 years after Portugal had decriminalized drug use, there was no negative effect....

Anybody suppose there’s an undocumented reduction in motivation and productivity there?

[familyop]

The PIIGS are all defaulting, but bond collapses and defaults are headed through the rest of Europe and this way, too.

[cranked]

European implosion imminent.....followed by a global implosion.