Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Johnny English]

 ...not more accurate than the previous three were ( in point of Hungary of course ) and paints a really negative picture again, underestimates the abilities of the economy again and the main figures won't get real in this year again. Gives an excellent clue though to make quite good jokes about rating companies. Here is one :  a diplomat like car stops at a Hun farmer and the driver who looks like a businessman offers him a bet. "Will you give me the most beauty lamb if I say how many one you do have - after just one glimpse ? " "Sir, right, let's bet! "  The businessman took the laptop, was skyping, calculating, estimating, made some statistics then said : "561 lambs!"  "Wow  thats correct figure... hm...can I offer a bet , Sir as would like to win my lamb back? " "Ookay let's go! " " If I tell you who you are and where you are from I will get my lamb back plus get your car, too!" " Right! "  "Well, you are the representative of Fitch Ratings !"  "Woow !  I am indeed...How did you take any info about me ? " "I didn't you just push me a lot of needless info, which ones I know much better plus you took the sheperd dog instead of the lamb..."   

Surely not Hungary the only country, which looking into the future with great expectation a new European rating agency to be as soon as possible.

[cem_devecioglu]

...not more accurate than the previous three were ( in point of Hungary of course ) and paints a really negative picture again, underestimates the abilities of the economy again and the main figures won't get real in this year again. Gives an excellent clue though to make quite good jokes about rating companies. Here is one :  a diplomat like car stops at a Hun farmer and the driver who looks like a businessman offers him a bet. "Will you give me the most beauty lamb if I say how many one you do have - after just one glimpse ? " "Sir, right, let's bet! "  The businessman took the laptop, was skyping, calculating, estimating, made some statistics then said : "561 lambs!"  "Wow  thats correct figure... hm...can I offer a bet , Sir as would like to win my lamb back? " "Ookay let's go! " " If I tell you who you are and where you are from I will get my lamb back plus get your car, too!" " Right! "  "Well, you are the representative of Fitch Ratings !"  "Woow !  I am indeed...How did you take any info about me ? " "I didn't you just push me a lot of needless info, which ones I know much better plus you took the sheperd dog instead of the lamb..."   

Surely not Hungary the only country, which looking into the future with great expectation a new European rating agency to be as soon as possible.

    Nice one
 
and for the IMF and rating companies.. kick them out of your country asap.. things wont go worse than now

[Rods2]

The problem for the EU members that have their own currencies, we are all attached to the dead corpses of Brussels and the Eurozone. 

Ever since the UK became part of the EU and has looked towards Europe instead as we used to the Commonwealth and all other countries where we were a global trading nation. Unfortunately, where we used to be as a country a net global investor, the reverse is now true. On virtually every economic indicator the UK seems to be in a very, very bad position. 

In the 1960 / 1970 we had the same with 3 Labour terms, I don't think the UK populous will ever learn that this is all it takes to wreck an economy. Tony BLiar and McRuin inherited a booming economy in 1997, 13 years later they left a note at the treasury saying there is no money left along with a wrecked economy. 

I surprise that the IMF has had time to write reports like this. I thought as part of the Troika they were too busy killing Southern European economies, with Cyprus, the latest through the economic mincing, murdering machine bailout process. 

Mind you what do you expect when the head of the IMF is another promoted French socialist political failure. 

[Rods2]

Very true on the ratings agencies, they are the officials that turn up just as the last guests leave the noisy party to ask you to turn the now ceased music down.

[Johnny English]

Very true on the ratings agencies, they are the officials that turn up just as the last guests leave the noisy party to ask you to turn the now ceased music down.

   

Not really understand how Lehmann Bro and it's partners could be on the top of list of rating agencies as most reliable companies up to the lates moment and closely surreal as the rating companies didn't reported the financial collapse of their own after that huge fail. What about reputation and trust? All of the economical actors are fighting for the trust of rating agencies but how can be definied this word "trust" or "reliability" in point of agencies, which didn't do their own job properly and misled almost the half of globus? If you make a pile of sh*t instead of a proper job then never get new chance as lose the trust. RatAgencies never loose that? Do they do they want? Generel experience and opinion hereby that RatAgencies don't represent the truth and reality but something obscure and indefinable purpose of some financial groups. I wonder whether if the so called independent EU rating agency will be different ...

[cem_devecioglu]

these so called "agencies" are nothing more than a trojan horse ..
 
they play with your grade as they wish (depending on the political agenda) , foreign investors draw  their money.. foreign banks dont give you credit so you are pushed into corner to obey their rules!
 
all of them are owned by a certain group of people which also manipulates the biggest banks and private "central" banks..
 
and if your politicians dont accept to be ruled, either they are shot or loose in the first election or called as a dictator by the media and taken down by force..
 
 
 
 

[cem_devecioglu]

and looking at the theatral background play, I think the story self explains why most politicians are just a muppet

[Rods2]

Very true on the ratings agencies, they are the officials that turn up just as the last guests leave the noisy party to ask you to turn the now ceased music down.

   

Not really understand how Lehmann Bro and it's partners could be on the top of list of rating agencies as most reliable companies up to the lates moment and closely surreal as the rating companies didn't reported the financial collapse of their own after that huge fail. What about reputation and trust? All of the economical actors are fighting for the trust of rating agencies but how can be definied this word "trust" or "reliability" in point of agencies, which didn't do their own job properly and misled almost the half of globus? If you make a pile of sh*t instead of a proper job then never get new chance as lose the trust. RatAgencies never loose that? Do they do they want? Generel experience and opinion hereby that RatAgencies don't represent the truth and reality but something obscure and indefinable purpose of some financial groups. I wonder whether if the so called independent EU rating agency will be different ...

Of course it will be independent and I'm sure the IMF will help with ratings guidence: France will be AAAAAAAAAAAA++++++++++++ and the UK ZZZZZZZZZZZZ------------ from jealousy and Hungary will be the same as the UK when their politicians don't obey their French EU masters. Germany will have and always keep a rating the same as France as long as they promise to continue to bailout the Eurozone forever.