Credit Rating Agencies = NWO

[WheyHey]

With the news that Moody's have placed U.K.'s AAA rating as at risk it's got me thinking who the f*ck are these agencies and whos purpose are they serving.

I smell a conspiracy. I'd blame ZOG only Moody, Best, Fitch etc don't seem like Jewish names

[haway]

Originally Posted by WheyHey

With the news that Moody's have placed U.K.'s AAA rating as at risk it's got me thinking who the f*ck are these agencies and whos purpose are they serving.

I smell a conspiracy. I'd blame ZOG only Moody, Best, Fitch etc don't seem like Jewish names

Credit ratings agencies simply asses the risk of whether something is likely to default, so investors can supposedly make better judgement.

The same principle as, idk, credit history, so banks can decide whether or not you're likely to default on your loans.

[WheyHey]

Originally Posted by haway

Credit ratings agencies simply asses the risk of whether something is likely to default, so investors can supposedly make better judgement.

The same principle as, idk, credit history, so banks can decide whether or not you're likely to default on your loans.

I knar that but its boring and just a cover. New World Order I'm telling yeah.

[Boris Bear]

Originally Posted by WheyHey

With the news that Moody's have placed U.K.'s AAA rating as at risk it's got me thinking who the f*ck are these agencies and whos purpose are they serving.

I smell a conspiracy. I'd blame ZOG only Moody, Best, Fitch etc don't seem like Jewish names

There's a 30% chance of us losing our AAA in 18 months time if I understand this correctly.

Isn't this just scaremongering so the government can keep sacking northerners?

[Mr Redknapp]

[haway]

Originally Posted by Boris Bear

There's a 30% chance of us losing our AAA in 18 months time if I understand this correctly.

Isn't this just scaremongering so the government can keep sacking northerners?

Credit rating agencies completely independent of government though that doesn't mean theyre right re. the eco.

[Boris Bear]

Originally Posted by haway

Credit rating agencies completely independent of government though that doesn't mean theyre right re. the eco.

No but they can set hares racing and they take into account the direction of governements

[haway]

Originally Posted by Boris Bear

No but they can set hares racing and they take into account the direction of governements

Yes, but that's fair enough. Otherwise the Spaniards would be seen as safe as the UK.

[monkeytassle]

Originally Posted by Boris Bear

No but they can set hares racing and they take into account the direction of governements

i actually think they're a bit redundant and have lost quite a lot of credibility after the sub-prime mess.

the USA lost their AAA rating without much of a big deal. All that will happen is that investors will change their mandate so they can invest in lower graded bonds. if nobody is AAA rated anyway what's the point?

[Boris Bear]

Originally Posted by haway

Yes, but that's fair enough. Otherwise the Spaniards would be seen as safe as the UK.

So if the UK government says that we need to keep on with the austerity measures because growth predictions are down then Moody's will agree with them