rssCredit Suisse Declares the U.S. a Riskier Investment Than Indonesia
Friday, February 12, 2010 at 1:47 pm
- 40 Comments
Amid fears that Switzerland might come to an agreement with the United States on banking privacy and tax evasion disclosures, Credit Suisse issued a report identifying those countries it determined to have the highest risks of default on their sovereign debts. Number 16 on the list was the United States, based primarily on its 2009 budget deficits and government debt.
Countries ranked less likely to default include corruptocracy Kazakhstan, less-than-reform-minded Indonesia, the debt-ridden Philippines and violence-ridden Colombia. By comparison, U.S. Treasuries prices are up today despite a new issuance this week.
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40 Comments
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Comment posted February 12, 2010 @ 3:25 pm
Why draw Indonesia into this mess? Indonesia does not even recognize Israel diplomaticaly, and certainly does not have duel citizens running its central bank or its Ministry of Finance. Apart from that it is actually producing something.
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[...] See the rest here: Credit Suisse says Indonesia safer investment than America.. [...]
Comment posted February 15, 2010 @ 2:26 am
True thats Indonesia does not recognize israel, we in indonesia now have IIPAC ( indonesia israel public affairs committe )which the muslim public doesnt know, and our vice presiden Boediono ( former chief of Bank of Indonesia ) just held a meeting with George Soros and his group, so there is a lot of shill in the goverment
Comment posted February 15, 2010 @ 7:26 am
True thats Indonesia does not recognize israel, we in indonesia now have IIPAC ( indonesia israel public affairs committe )which the muslim public doesnt know, and our vice presiden Boediono ( former chief of Bank of Indonesia ) just held a meeting with George Soros and his group, so there is a lot of shill in the goverment
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Comment posted September 6, 2011 @ 10:42 am
I haven’t checked in here for some time as I thought it was getting boring, but the last several posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend :)
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