29-04-2014, 08:37 AM
Magda Hassan Wrote:S&P Cuts Russia to Step Above Junk, Outlook Negative
By Anna Andrianova April 25, 2014 3:32 AM
Russia's sovereign debt rating was cut to the lowest investment grade at Standard & Poor's, which said further downgrades are possible if economic growth deteriorates and the conflict in Ukraine sparks wider sanctions.
S&P cut Russia's rating one step to BBB-, it said in a statement today. The grade, on par with Brazil and Azerbaijan, has a negative outlook. S&P last downgraded Russia in December 2008. Russia's currency and bonds fell.
I find to hard not to conclude that S & P (and perhaps the other ratings agencies too) are willing dupes of Uncle's economic warfare department.
But that's just me, I guess.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14