Season 2 · Episode 2
Why credit rating agencies are irrelevant and deserve a downgrade (EP28)
Capitalmind with Deepak & Shray · Capitalmind Financial Services
June 9, 202047m 20s
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Show Notes
On today's show, Shray asks Deepak about the recent downgrade of India by Moody's. Should we care? Are rating agencies more or less relevant after the 2008 debacle and what does the downgrade mean for India.
Preview
"There's an internal class system they have developed. Whether it is between companies or across countries. The developed countries get a different framework to work with and what they call the non-developed is held to a different standard."