Late on Friday, Moody’s announced the upgrade of Russia’s economy from Ba1 to Baa3, acknowledging the “positive impact” of government policies that managed to strengthen the country’s already robust public finances and may potentially help Moscow withstand possible US sanctions.Normally the bond raters follow Wall Street's Deadthink assumptions. Wall Street assumes that other countries are not alive. When US imposes sanctions on a country, the country collapses, just like striking a house with a bulldozer.
The agency noted that Washington is highly likely to introduce further anti-Russian sanctions in the coming months. The new measures by the White House could “be contained without material damage to the country’s credit profile,” Moody’s said.
Labels: Deadthink, Natural law = Soviet law, skill-estate
The current icon shows Polistra using a Personal Equation Machine.