Thursday, April 29, 2010
Ratings
I don't understand anything about economics. GDP, Ratings, IMF, Deficit are just enigmatic and labyrinthic words for me... I just know one thing, who gets screwed are always the same, the People, and even worst, the people who have already little, which turns into nothing in difficult times like these.
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2 comments:
There's something very wrong in this world where billions are easily given to banks, but nobody seems to care when a country like Greece needs financial help! It's kind of disturbing to say the least!
or when billions are given to banks, with not transparent rules (such us interest rates, return period - if this even exists, etc), and the countries suffer because banks increase the interest rates because they are "suspicious" about a country capability to pay.
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