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Ukraine – The Surrender of the 72nd Brigade
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katsung47
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April 23, 2015 - 6:06 pm
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Ukraine Debt Rating Now Super-Duper Junk

4/10/2015

On Friday, Standard & Poor’s cut Ukraine’s long term foreign debt rating to CC from CCC-. The rating of CC is one notch above C, which is used when a debtor is in the process of filing for bankruptcy protection.

In 2008, Ukraine’s GDP was $180 billion. This year, Standard & Poor’s estimates it to come in at just $73 billion, a 50% drop. That has direct impacts on an otherwise educated workforce seeking to integrate with the West.

 

GDP per capita is expected to fall to around $2,000 this year, an embarrassment which puts the number on par with India. Ukraine’s population is 45 million.

 

In 2008, Ukraine’s debt to GDP ratio was a solid 20%. Today, it is very high 93% according to Standard & Poor’s.

http://www.forbes.com/sites/ke.....uper-junk/

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Cole_Trickle
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June 5, 2015 - 4:53 pm
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Kat, I admire your drive, your persistence. I must ask why none seem interested in posting any opinion in regard to the info you've tacked up on this thread? Any ideas in that regard?

 

 Cole

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