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ZEROHEDGE: Moody's Downgrade Is Out - Morgan Stanley Cut Only 2 Notches, To Face $6.8 Billion In Collateral Calls

•MOODY'S CUTS 4 FIRMS BY 1 NOTCH
•MOODY'S CUTS 10 FIRMS' RATINGS BY 2 NOTCHES
•MOODY'S CUTS 1 FIRM BY 3 NOTCHES
•MORGAN STANLEY L-T SR DEBT CUT TO Baa1 FROM A2 BY MOODY'S
•MOODY'S CUTS MORGAN STANLEY 2 LEVELS, HAD SEEN UP TO 3
•MORGAN STANLEY OUTLOOK NEGATIVE BY MOODY'S
•MORGAN STANLEY S-T RATING CUT TO P-2 FROM P-1 BY MOODY'S

MORE
http://www.zerohedge.com/news/here-we-go-moodys-comes-out-mo...

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This is actually big news. I

This is actually big news. I know the market may have priced some of it in Thursday's drop but to actually see it confirmed along with the realization that the E.U. is going to go bust eventually.. must be really putting pressure on the market. There's almost nowhere to hide in the market anymore. Right now we're moving toward a depressionary spiral but that's until the Fed and world central banks move in.

THE WORLD CENTRAL BANKS WILL DESTROY ALL CURRENCIES IN ORDER TO "STOP" A DEPRESSION. They always believe they "must act" and I believe they will, unfortunately creating inflation and ultimately creating an unstable currency situation, globally.

Or everything will be fine.