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Moody's rating agency places UK on negative outlook http://www.x404.co.uk/forum/viewtopic.php?f=19&t=15851 |
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Author: | paulzolo [ Tue Feb 14, 2012 10:16 am ] | ||||||||||||||||||
Post subject: | Moody's rating agency places UK on negative outlook | ||||||||||||||||||
http://www.bbc.co.uk/news/business-17021986 I wonder how Osbourne will spin this then, as credit agencies (who appear to hold much sway over economies) seem to be a marker by which he operates.
Ah. A “reality check”. |
Author: | jonbwfc [ Tue Feb 14, 2012 11:02 am ] |
Post subject: | Re: Moody's rating agency places UK on negative outlook |
Ratings Agencies are an economic con trick foisted upon the world. Not only now are they telling everyone what countries should do, when in fact they have no more clue than anyone else, they're now telling everyone what countries will do in the future, and everyone just believes them. And for this they get paid enormous sums of money. They're the economic equivalent of Russell Grant. And you wouldn't base economic policy on what he tells you. Jon |
Author: | Paul1965 [ Tue Feb 14, 2012 11:27 am ] | |||||||||
Post subject: | Re: Moody's rating agency places UK on negative outlook | |||||||||
Exactly. |
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