So last night we posted this thing about Ecuador. Let's do a quick check-list on wot we writ, huh?a) Ecuador oil revenues are rocking
b) The government is seriously benefiting from the fiscal income
c) Ecuador sov bonds are a good bet.
And now, let the weirdness begin. At 3:06pm today, Moody's announced it was raising its rating on Ecuador by two notches. Bloomberg reported on the move and you can see what they wrote here, but basically Moody's said:
a) Ecuador oil revenues are rocking.
b) The government is seriously benefiting from the fiscal income.
c) Ecuador sov bonds are a good bet.
This can only mean one of three things:
1) I work for Moody's.
2) I have great timing.
3) Moody's dudes read this blog.
As the answers to 1) and 2) are "I don't", the ONLY POSSIBLE ANSWER LEFT IS NUMBER THREE*. So what could've happened at the Moody's office this morning? It must definitely have gone like something like this......like.....probably.....errrr....yeah:
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Mood dude 1: "Man, I'm bored."
Mood dude 2: "Yeah...long weekend starts tomorrow though."
Mood dude 1: "Yeah that rocks. But what can we do to get thru today?"
Mood dude 2: "Dude, I got an idea. Some dude with a blog sez Ecuador's rockin' these days."
Mood dude 1: "Cool, dude. What's the story?"
Mood dude 2: "Story's cool, dude. Ecuador's rockin' it with the oil revenues and getting serious moolah piled up."
Mood dude 1: "Hey, cool dude. The blog says that?"
Mood dude 2: "Yeah dude, and it's got some charts so we don't have to do all that reading."
Mood dude 1: "Way cool! Reading sucks dude. Hey dude, show me the blogsite......"
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And the rest, as they say, is history. I'm now waiting for Eric's studmuffin to mail me with the freedom of the city of Quito and free vino calientes for a year.
* and don't you dare write in with your so-called "logical alternatives". You're sooooo wrong, got it?
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