Friday, 11 September 2015

**** Agência que rebaixou Brasil levou multa bilionária em fevereiro ****


[...] o prêmio Nobel de Economia Paul Krugman escreveu em artigo que a agência [S&P] tem pouca "credibilidade" e é "a pior instituição à qual alguém deveria recorrer para receber opiniões sobre as perspectivas do nosso país (EUA)".

Veja link: http://www.msn.com/pt-br/dinheiro/economiaenegocios/ag%C3%AAncia-que-rebaixou-brasil-levou-multa-bilion%C3%A1ria-em-fevereiro/ar-AAe9VNz?li=AAaB4xI&ocid=mailsignoutmd  

*** BRAZIL CREDIT RATING CUT BY S&P - 2015 ***

 
 *** BRAZIL CREDIT RATING CUT BY S&P - 2015 ***

Do you all remember the financial crisis of 2007-2010? So, the three major credit rating agencies (Standard & Poor's - S&P, Moody's, and Fitch) FAILURED to correctly price risk of the financial institutions in Europe (mainly UK) and USA!!! And they rated many institutions with wrong (fake?) ratings...

How can one trust them now if the crisis can still be visible in Europe??? They did not fulfil their function to correctly credit rate financial institutions in U.S. and Europe.

One must REMEMBER that these 3 agencies have given favorable pre-crisis ratings of insolvent institutions (like Lehman Brothers), and some mortgage-related securities that helped the collapse of the U.S. housing market.

Many banks and institutions were bankrupted in the U.S., UK and the rest of Europe and these 3 agencies have given them favorable pre-crisis ratings!!!

CAN WE TRUST THESE AGENCIES??? AGAIN??? The answer is NO, WE CAN NOT TRUST THEM!!!

Wednesday, 9 September 2015

*** How reliable are the British? ***



Podemos confiar nos britânicos? Nem sempre! Eles têm uma agenda própria de autopromoção e depreciação daqueles que eles acham "inferiores" a eles. 

Vejamos alguns exemplos da incompetência britânica!



Avião da British Airways incendeia-se na pista do aeroporto de Las Vegas

Link: http://observador.pt/2015/09/09/aviao-da-british-airways-incendeia-na-pista-do-aeroporto-las-vegas/ 

British Airways plane catches fire at Las Vegas airport

Link: http://edition.cnn.com/2015/09/08/us/las-vegas-british-airways-fire/ 

 

Britain's estates are 'social concentration camps' 

Link: http://www.independent.co.uk/news/uk/home-news/britains-estates-are-social-concentration-camps-1678127.html 

 

Poverty, housing tenure and social exclusion.

Link: http://www.jrf.org.uk/publications/poverty-housing-tenure-and-social-exclusion


Friday, 4 September 2015

*** THE NEGATIVES VIEWS OF BRITISH PRESS ***




In Brazil people begin not to consider relevant the articles regarding Brazilian economy is British press. Some British publications, such as The Economist, BBC and Financial Times, only offer a negative view of Brazilian economy. We must remember that Brazil, even not growing this year of 2015, still has US$ 300 billion in international reserve, has a positive export saldo of US$ 4,608 billion up to july 2015 (and it is increasing) and Brazil has one of the 10 biggest economies in the world, among other positive points.

The negative views about Brazil come from 2012, when Brazil had become the sixth-biggest economy in the world, overtaking the UK. It seems to have caused a great dislike never before seen in the British press. We must remember that the times of the British Empire are long gone!!!

The globalization of today has increased economic integration and interdependence. If the BRICS economies are not doing well, the rest of the world will suffer as well. It can be seen, as an example, when the devaluation of Chinese coin hited the markets some days ago.

We must remember that the actual crisis (going on since 2008) has been caused by British and American financial insitutions. As well, Europe has not yet been able to recover from the 2008 crisis and is struggling with the Euro crisis in Greece and massive immigration.

We just believe that the British should have a bit more of understanding of the economic situation in other parts of the world so the Bristish press should not be given wrong informations about economic cultures that they can not understand.