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Russian default risk tops Iceland


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#1 stocks

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Posted 24 October 2008 - 11:23 AM

Russia's financial crisis is escalating with lightning speed as foreigners pull funds from the country and the debt markets start to price a serious risk of sovereign default.

http://www.telegraph...ial-crisis.html
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#2 da_cheif

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Posted 24 October 2008 - 11:39 AM

Russia's financial crisis is escalating with lightning speed as foreigners pull funds from the country and the debt markets start to price a serious risk of sovereign default.

http://www.telegraph...ial-crisis.html




its RED OCTOBER......

http://video.aol.com...iler/1138765358

#3 dasein

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Posted 24 October 2008 - 11:41 AM

As far as Ive seen those percent figures are worse for the US - maybe S&P just wont downgrade us?
best,
klh