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September 11, 2015 | Brazil’s Credit Rating Cut to Junk Bond Status

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

StandardPoor

S&P cut Brazil’s rating to BB-plus, the highest junk rating, from BBB-minus. The Sovereign Debt Crisis is unfolding right on time.

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September 11th, 2015

Posted In: Armstrong Economics

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