This sounds like a proper scam . Moody has cried wolf too many times . Every time they do this , the market corrects a bit , and a stock price gets corrected by 10-20% , then dubiously some FII makes an entry , enjoys a neat profit and exits . Then the cycle continues with moody making another ‘ratings downgrade’
Ratings agency Moody's downgrades India's outlook from 'stable' to 'negative'
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fallstuff
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I wrote a post a few weeks ago about why India's enemies do not need to do anything at all other than grabbing some popcorn. Modi essentially undoing what MMS did for India. First Modi fudged the GDP numbers, now he can't do that anymore. He is just a tool for the likes of Ambani. A chaiwalla is always a chaiwalla.
Could you quantify this word 'near'.
Yaseen1
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wait for ex 3 to 5yrs you will see yourself how india will be disintegrated in to pieces.
How big a chunk of country do you have to lose to qualify as disintegration. Maybe more than one third. Or half.
CIA Mole
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TBH ratings agencies have been scammers
https://www.wsj.com/articles/bond-r...n-some-heavily-indebted-companies-11571563801
I'm guessing India didn't pay them enough
https://www.wsj.com/articles/bond-r...n-some-heavily-indebted-companies-11571563801
I'm guessing India didn't pay them enough
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