Comments on: Moody’s cuts Costa Rica’s credit rating to “junk” status

By: Oliver Wendell Holmes

Oliver Wendell Holmes — Sat, 20 Sep 2014 14:40:00 +0000

Even if it is tainted with arsenic, and heavy metals.

By: Oliver Wendell Holmes

Oliver Wendell Holmes — Sat, 20 Sep 2014 14:35:00 +0000

Good idea MJ (NOT!) how´s it worked for the U.S.?
The number of parties has 0 to do with managing the economy. What´s needed is a plan, a will, and a manager. The same would hold true, whether there´s 1 , 2, or 100 parties.

By: dr meno

dr meno — Fri, 19 Sep 2014 01:50:00 +0000

Argentina is going to skip out of their debt and join the BRICS. I applaud them. They will not use the dollar no more too. BRICS will contribute in crushing the dollar too. I am glad to see you know what is going on. Stock up on your rice and beans. When th world is hungry, CR will sell the rice to the profitable hungry countries first.

By: Karen Mata

Karen Mata — Thu, 18 Sep 2014 23:08:00 +0000

Doc,
The bnksters want Patagonia to settle Argentina’s debt. Maybe in CR’s case they’ll settle for Guanacaste?

The 1.4 quadrillion in unsecured derivatives went bad with the forced failure of Lehman Bros (almost exactly 6 years ago) Infinite QE, and 0% interest rates in response are postponing inevitable crash as we free fall to oblivion.

By: duke ster

duke ster — Thu, 18 Sep 2014 21:59:00 +0000

Dr-That will be a video I will look forward to viewing. I thought China owned all the Nat’l parks of USA and public land but it makes more sense that the fed are the owners since that is the true power. China has been created ( molded) by the fed into their present position so that they will end up as debtors ( I thought)

By: dr meno

dr meno — Thu, 18 Sep 2014 21:29:00 +0000

It is common that when the World Banks make loans, that , that country’s gold is held as security too. I did take the tour of the Gold Museum in SJ. BUT I don’t have the exact figures. Of source I am speculating. I am following the repossession of Greek and Cyprus, and Cities and Counties in the USA, the news doesn’t talk about. . When the World BAnks do a repossession, they take the parks, beaches, ICE and AYA, and the CAJA. could be the fate of CR too. The FEDS in th eUSA are th biggest land owners, and they are european. Remember the Feds are buying up all of the derivatives, meaning they are major land owners. I will do a video on this soon.

By: Karen Mata

Karen Mata — Thu, 18 Sep 2014 21:08:00 +0000

Hey Doc,
What’s your source for CR gold?? How much?? Where’s it held??
OK.. ultimately you’re saying the CR gold is gone too…so maybe 3000 dollar within a year.

Remember Germany just asked their gold be repatriated from the US, and received a fid in return.
Very good possibility all US gold leased out, never to return…along with outright theft of au we’ve held for other states.

Panama has 33 tons, unencumbered… Stored domestically.

By: Karen Mata

Karen Mata — Thu, 18 Sep 2014 20:53:00 +0000

At the very least the majority of us had the good sense to expatriate….

By: Yeims

Yeims — Thu, 18 Sep 2014 18:31:00 +0000

Ultimately governments are lousy, inefficient allocators of resources (as Milton Friedman remarked, put government in charge of the desert and they’ll run out of sand).

By: dr meno

dr meno — Thu, 18 Sep 2014 16:51:00 +0000

Of course they are influenced by the feds and central banks, who are basically the same criminals. The value is a false value. But you may be right, the drop of the exchange is not the dollar getting stronger, but the colones getting weaker. CR has a pretty good gold reserve, so when the dollar collapse, the cologne will be better, at least it has some gold behind it. BUT the problem, CR and Laura may have put CR’s gold up as security as well as the whole country as security for the loans. So then CR’s gold may be owned by the European banks that loaned the money to CR.