S&P: India may become first BRIC nation to lose investment grade

[shuttler]

issuance of Bonds!!! huh! u seriously are ignorant... every Govt issues bonds against its loans, its like a promise of paying back.. every nation does that, and so does India! ONE LAST TIME- try to understand, if tomorrow, some Company wants to pull out, or some one wants his loan back, India has ENOUGH Forex reserve to repay it. Now, what else u want???

you are a retard!

it is the potential downgrading of a credit agency and its impact on your economy that we have been talking about!

did I say that? what's wrong with your understanding? I said that a 6% growth rate in spite of all hoopla means that everything is NOT wrong! and btw, in my post I agreed that India is going through a rough patch. I think in ur hatred, u forgot to read that..

you still do not envisage the problems in your country!

The importers are INDIAN!!! leave India to worry about them. ur worry is about S&P and the investors, isnt it? now, if u havent got a point, don't try to go off track (I'll repeat, rupee free-fall is of course not good for us, and unlike China, we don't maintain our currency's value artificially...)

what Chinese currency artificial? do you hear anything of that matter from you dad lately?

u make an interesting student. stubborn, having flimsy ideas.. and yet interesting..

you are blinded by your foolish chauvinism or nationalism or other "-isms"
are what you said you taught in schools? brilliant indian education in play!

 

[Chinese-Dragon]

Question to the Indians:

If your credit rating is downgraded to junk (which looks increasingly likely)... how will you be able to finance your enormous fiscal and trade deficits?

 

[SinoChallenger]

Standard & Poor should be renamed Standard & indian oceans of poverty

 

[kawaraj]

Question to the Indians:

If your credit rating is downgraded to junk (which looks increasingly likely)... how will you be able to finance your enormous fiscal and trade deficits?

GOI can issue Bonds in Yuan to make up for those deficit. A currency swap with Chinese Yuan is a must at least seen from the cpresent situation, and I bet both sides had these talks recently and even in the BRICS summit a few weeks ago if GOI was wise enough to bear risks in mind.

Yuan bond could be attrack overflows of Chinese currencies and the high yields of Indian Yuan bond will certainly attract Chinese institutional investors, those risk averse ones against world wide equity market.

 

[Chinese-Dragon]

GOI can issue Bonds in Yuan to make up for those deficit. A currency swap with Chinese Yuan is a must at least seen from the cpresent situation, and I bet both sides had these talks recently and even in the BRICS summit a few weeks ago if GOI was wise enough to bear risks in mind.

Yuan bond could be attrack overflows of Chinese currencies and the high yields of Indian Yuan bond will certainly attract Chinese institutional investors, those risk averse ones against world wide equity market.

True, according to China's ratings agency Dagong, India is still investment grade at BBB.

List of countries by credit rating - Wikipedia, the free encyclopedia

So they can still finance their enormous fiscal and trade deficits by coming to us. With some conditions of course.

 

[shuttler]

GOI can issue Bonds in Yuan to make up for those deficit. A currency swap with Chinese Yuan is a must at least seen from the cpresent situation, and I bet both sides had these talks recently and even in the BRICS summit a few weeks ago if GOI was wise enough to bear risks in mind.

Yuan bond could be attrack overflows of Chinese currencies and the high yields of Indian Yuan bond will certainly attract Chinese institutional investors, those risk averse ones against world wide equity market.

the currency swap works for avoidance of exchange loss, transaction fees and liquidity problems but not for indian's burgeoning deficit!

will the arrogant and clueless indians fall on their knees begging China for this? I wonder!

 

[kawaraj]

the earlier, the better of the Yuan bonds to Indians, as the yield is still favorite for GOI.

If the sovereignty were downgraded to junk, what would think the face yield of those bonds to be?30 pct per year? that will be hell of a burden to GOI.

Presently the yields could be negotiated at 12-15 pct annually and GOI can get quick money to fix those deficits. And a swap deal will save India a lot since China is the largest trading partner of India.

 

[Chinese-Dragon]

will the arrogant and clueless indians fall on their knees begging China for this? I wonder!

Do you think they will do that?

Even the Indian government loves to boast, like this:

India Fades - Wall Street Journal

It was only last summer that the Indian government forecast that the economy would grow at an annual rate of 9.0% to 9.5% for the next half-decade. So it came as a shock Thursday when new data revealed the economy slowed to a 5.3% annual clip in the January-March quarter.

It was only last summer that the Indian government was boasting about being able to sustain 9.5% growth for the next half-decade!

They are too boastful to come to us for help.

 

[shuttler]

Do you think they will do that?

Even the Indian government loves to boast, like this:



India Fades - Wall Street Journal

It was only last summer that the Indian government was boasting about being able to sustain 9.5% growth for the next half-decade!

Of course the reality is different from their boasting. The reality is that India's growth has fallen to 5.3%.

you are right buddy! that's why these loud mouths are hooking on cheap weeds all the time!

 

[AADHAAR]

Do you think they will do that?

Even the Indian government loves to boast, like this:

India Fades - Wall Street Journal



It was only last summer that the Indian government was boasting about being able to sustain 9.5% growth for the next half-decade!

They are too boastful to come to us for help.

Buttt.. CD boy.. all this is not important..

what is important is what Winston Churchill said about China....

Do you now know, what?? .. orrrr. should I remind you ..

 

[shuttler]

the earlier, the better of the Yuan bonds to Indians, as the yield is still favorite for GOI.

If the sovereignty were downgraded to junk, what would think the face yield of those bonds to be?30 pct per year? that will be hell of a burden to GOI.

Presently the yields could be negotiated at 12-15 pct annually and GOI can get quick money to fix those deficits. And a swap deal will save India a lot since China is the largest trading partner of India.

it wont work. China will wait for the next credit evaluation report before it responds!

 

[AADHAAR]

it wont work. China will wait for the next credit evaluation report before it responds!

no dear.. china has bigger garbage at home to clean.

anyway, we always wish china well... only that garbage under your carpet hurts your first.. but subsequently the neighbours too.

Churchill sucks!

But CD was accurately responding to a misleading and falsified statement by that indian guy!

But CD boy worships Churchilll... c'mon don't betray the han-ist brotherhood like that..

 

[shuttler]

no dear.. china has bigger garbage at home to clean.

anyway, we always wish china well... only that garbage under your carpet hurts your first.. but subsequently the neighbours too.



But CD boy worships Churchilll... c'mon don't betray the han-ist brotherhood like that..

we have our problems but we have more options to deal with the worldwide problems that is impacting on us dude!

I was pointing to the particular rebuttal that CD made!

 

[AADHAAR]

we have our problems but we have more options to deal with the worldwide problems dude!

I was pointing to the particular rebuttal that CD made!

so, would you clarify whether you worship Winston Churchill like CD boy, or not?

 

[shuttler]

so, would you clarify whether you worship Winston Churchill like CD boy, or not?

I am not an uk fan. But CD has his own preference and I am not in a position to challenge that! Our paths are not in conflict on PDF forums!