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Carolina Readiness
Safety and Preparedness
NC Renegade encourages everyone to become self sufficient and continue education in all forms of safety and preparedness. The best overall site for this topic is Survival Blog by James Wesley Rawles. We strongly encourage you to visit this site and take advantage of its broad knowledge base.
Another excellent resource is Prep Tips.
Tag Archives: Downgrade
S&P Downgrades Berkshire From AA+ To AA, Outlook Negative
Obviously with Buffett a major shareholder of Moody’s, the only place where a downgrade of Berkshire could come from was S&P. Moments ago, the rating agency that dared to downgrade the US for which it is being targeted by Eric … Continue reading
Moody’s Downgrades 12 Spanish Sub-Sovereigns, 2 Gov-Related Entities
Moody’s Investors Service downgraded 12 Spanish sub-sovereign ratings and two Spanish government-related entities to reflect its recent downgrade of the country’s sovereign debt rating. Eight regional and local governments and four related issuers were affected. The ratings of three other … Continue reading
Moody’s Downgrades Six German Bank Groups, And Their Subsidiaries, By Up To Three Notches
From Zerohedge.com: First Moody’s cut the most prominent Austrian banks, and now it is Germany’s turn. The full downgrade Matrix: Frankfurt am Main, June 06, 2012 — Moody’s Investors Service has today taken various rating actions on seven German banks … Continue reading
Posted in Editorial, Financial
Tagged Banks, Downgrade, German, Germany, Moodys, NC Renegade
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The Consequences of Growth Over Austerity
Obama’s plan for an economic recovery in Europe is simple: abandon austerity measures and concentrate on growth. The real message is “everything will be fine after the next election: just kick the flexible can down the road”. Sentient people know … Continue reading
Egan Jones Downgrades Germany From AA To AA-
Sean Egan strikes again, this time downgrading Germany from AA to AA-. Germany maintains its position as the European Union’s top economy. However, Germany has been shouldering the burdens of other EU countries via its exposure to the EFSF and … Continue reading
Posted in Editorial, Financial
Tagged Downgrade, Egan-Jones, Germany, NC Renegade, Zerohedge
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This Won’t Be Pretty on Monday Morning
Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading
Posted in Editorial, Financial
Tagged Austria, Cyprus, Downgrade, European Union, France, Italy, Malta, NC Renegade, Portugal, S&P, Slovakia and Slovenia, Spain, Standard & Poor's
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France Downgraded by Egan Jones
The French credit downgrade has been postponed almost as long as the United States’ downgrade has been postponed. Expect to see S&P’s downgrade of France next. Moody’s seems to be playing politics with their downgrades but then Warren Buffet is … Continue reading
Posted in Editorial, Education, Financial
Tagged Downgrade, Egan-Jones, France, French, NC Renegade
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