[OPINION] How rating agencies are being used for the political and economic agenda of the U.S.

A group of Swiss researches from St. Gallen University showed that rating agencies like Moody's, S&P and Fitch have at best made mistakes in their ratings of the European countries, and at worst actively and systematically manipulated the markets through their ratings.

This also means these companies are largely directly responsible for the current financial crisis in Europe and the rest of the world, either inadvertedly by their mistakes or by their active and systematic manipulations. What do you mean, free market?

Of course this is all being denied by those rating agencies. Read More...

[OPINION] Nederlandse politiek, crisis en samenleving

Er zijn niet zoveel mensen die deze site lezen, en nog minder die deze post kunnen lezen, maar er zit me iets dwars waar ik het toch eens over wil hebben: de crisis, of beter, de onzin daarvan en het totaal verknipte gedoe met beleggers en banken, en hoe onze regering er mee om gaat. Read More...