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Moody's Retaliates At Hong Kong For Snowden Insubordination
#1

Moody's Retaliates At Hong Kong For Snowden Insubordination



Submitted by Tyler Durden on 06/24/2013 08:05 -0400

Uncle Warren appears unhappy with the humiliating can of whoop-ass Hong Kong unleashed on his favorite crony banana republic. So he has retaliated in the only way he knows: Moody's.
  • HONG KONG BANKING SYSTEM OUTLOOK REVISED TO NEGATIVE BY MOODY'S
  • MOODY'S CITES CONCERNS ON PERSISTENT NEG REAL INTEREST RATES
  • MOODY'S CITES POTENTIAL HK 'PROPERTY BUBBLES' - this one is really good.
But the best reason is:
  • MOODY'S CITES HK BANKS' GROWING EXPOSURES TO MAINLAND CHINA
Yup. Moody's just figured out Hong Kong has exposure to... China. Of course, Hong Kong's downgrade of US foreign policy tolaughably pathetic, outlook hilarious on Sunday, was a complete coincidence.
http://www.zerohedge.com/news/2013-06-24...ordination

"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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Moody's Retaliates At Hong Kong For Snowden Insubordination - by Magda Hassan - 24-06-2013, 01:35 PM

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